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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