BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£90,000
Turnover / revenue:
£90,073
Net profit / cashflow:
£78,416
OTHER DETAILS
Reason for selling:
Owner is looking to relocate to San Francisco and needs capital to help do a startup.
Support and training:
Full training and support can be easily provided. The owner and his team would also train a new team for the buyer and get them ready to create a high number of games a week for the buyer.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
BUSINESS DESCRIPTION
For sale is a set of four iOS game portfolios that are popular with the age range of 5 - 15 year olds and have produced 787,000 downloads. The business model has been focused on creating and re-skinning iOS games using a piece of software called Buildbox. Seller can create 13 games a week based upon game templates and re-skin them depending on the current hot themes on the app store. This business will follow an up-trend with the release of new games and re-skins of the current games.
Revenue is generated with IAP's (remove ads) and ads on the menu and game over screens through Chartboost/Playhaven.
All marketing is through organic app store traffic. Only thing the seller focuses on is keyword research.
The key recommended way to grow this business would be to submit more apps across more developer accounts. This would grow the business with the same trend as it is currently on.
NOTE - Financials shown are the annualized run rate based on the last seven months.
Highlights & Key Assets:
o Low amount of work
o Quick return on investment
o Highly profitable apps
o Great graphics
o Hot niches