Online Business for Sale: Profitable iOS App with Growing User Base
Explore an exciting investment opportunity with this online business for sale. This iOS app, operating in the vibrant Hobbies and Games industry, offers innovative voice and video translation services and is available for acquisition at a competitive price of $27,000.
Business Overview
Launched less than a year ago in the United Kingdom, this app has swiftly captured the interest of users, boasting approximately 553 monthly users with around 4.2 sessions per user. Its monetization strategy revolves around in-app sales, contributing to an average revenue of $1,365 and a monthly net profit of $799.
Key Investment Metrics
- App Rating: 4.1
- Monthly Users: 553
- Revenue Average: $1,365/month
- Net Profit: $799/month
- Retention Rates: First-day: 8%, 7-day: 1.56%, 4-week: 5.59%
Why Invest?
This app presents a unique proposition within the expansive Hobbies and Games sector, leveraging innovative translation technology. While still freshly minted, the app’s solid user retention rates highlight its potential for growth but also expose areas for improvement. Given its substantial monthly unique visitors and engagement levels, there’s ample room for scalability and profitability.
Considering its less than a year in the market, this app offers a strategic entry point into a growing sector. It provides excellent investment potential for those looking to capitalize on digital transformation trends driving the mobile app market.
Opportunity and Risk Assessment
This business comes with verified listings and offers full ownership, ensuring you take complete control post-acquisition. It’s important to acknowledge, however, that retention rates, although showing an upward trajectory, are modest, indicating a need for improved customer engagement strategies to boost retention.
Conclusion
Overall, this iOS application is a promising opportunity for investors aiming to diversify their portfolio with a tech-forward, trend-aligned business. The app’s robust technology combined with upward revenue trends provide a promising ROI possibility.
