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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Technology - Internet Related Businesses For Sale Categories   >>   

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Photography / Utility App Business - 48M Downloads

Location  United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $484623
Net Profit / Cash Flow  $419481
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller is committed to an effective transition. The exact amount of transition and training time is negotiable depending on your needs.
Reason for Sale  Pursuing another opportunity.
Description  For sale is an app suite with high quality apps in the photography and utility markets with over 48,000,000 downloads and growing. From Jan 2012 to Oct 2012 these apps have seen 58,554,719 updates showing a very active user base. This business and the apps have been featured in multiple media outlets including The Wall Street Journal. Recent changes in the last 12 months have made it virtually impossible to start a new app business from scratch and grow it to this point while making profit in the business. This a very rare opportunity to acquire a major player that has a trusted and respected well known brand with a loyal and active user base. Even with the current owners moving their focus away from this business to focus on a new core business model, and even after some major changes in Google affected the monetization strategy, the business has still produced passive revenue This business was specifically and carefully built as a passive income lifestyle business where most everything is outsourced and automated. The owners are looking for a quick sale and priced it to move fast and are looking for a cash sale with the option of some partial financing for qualified buyers.
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