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For Sale: B2C Social Networking App - Rapidly Growing - Los Angeles


Current Status: Active     Posting #: 255972     Last Refreshed: 6/25/20    
Contact: Steve Lukes At 310-882-2200 X164 , 888-60-Bizex  -  Also Email This Contact Below
Price:  $4,000,000     Down:  Call     Adjusted Net:  Call     Revenue:  Call    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Steve Lukes at 310-882-2200 X164 and 888-60-Bizex.

  Description About This Posting: B2C Social Networking App - Rapidly Growing
This app solves the problem individuals experience when trying to expand their network of friends. Sellers produced an app that allows users to connect easily, as friends, based on user criteria. The app has quickly gained popularity and is now #2 in its niche, the #1 app in this space is currently valued at over 1B. The current cash flow is positive and asking price is reflective of the industry average of $50/user (200k existing users).

Ideal New Owner

1. Entrepreneur looking for a great opportunity with a proven concept to take it to the next level
2. Company looking to absorb and grow the app, community, or data

Growth and Expansion Opportunities

Owners feel there is an ability to reach over $100,000/ month in revenue in next 12 months based on low hanging fruit strategies:

1. Price increase from $6/ month to $18.00/ month based on competitors
2. Ads within could double revenue
3. Android version could reach 3x users
4. Better SEO could dramatically increase downloads
5. Adding new languages could reach 3x users

To get more information about this B2C Social Networking App - Rapidly Growing business for sale in Los Angeles please phone Steve Lukes (Broker - BRE License #:01484102) at 310-882-2200 X164 and 888-60-Bizex - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #255972 on BizBen.com. In addition to phoning Steve Lukes, make sure you email Steve Lukes above to get more info about this B2C Social Networking App - Rapidly Growing, to ask any questions or request an appointment to see this business for sale. Thank you.

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