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Boston, Suffolk County, Massachusetts
Asking Price
$165,000
Revenue
$1,000,000
Down
Call/Email
Cash Flow
Call/Email
Name: Michael Stavrinakis
Phone: Show phone number
Name
Michael Stavrinakis
Phone
Show phone number
Posting ID:
288790
Attributes:
Existing Franchise
Relocatable
Semi Absentee Run
Tangible Assets Sale Only
Training And Support
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Los Angeles County, California
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$ 2,000,000
CF : $ 290,000
Business Insider in October 2014 stated that this app was selected as one of the top 100 greatest apps. Over 800,000 users from around the world have purchased this app over the last five years. An iPhone 6 Plus version of the app is scheduled to be released in September 2015. Competitive Advantage and Business Strengths * Reviews: The app has grown in popularity driven by its product quality. With little to no marketing, the product quality is what has been the foundation for its growth. In all its debut, more than 55% of users gave it the best rating, 5 out of 5 stars. 25% gave it 3 or 4 stars. * Quality: After 5 years of continuous development, more than 30 version upgrades and three complete overhauls, the app is one of the best quality note taking tablet apps on the market. The app features handwriting recognition and intuitive vector-based system that turns your handwritten notes into text, audio recording abilities along with easy to use interface ties all these features together seamlessly. * Users of the App: Approximately 40% of the users are students and 60% of the users are professionals. Both the student population and professional services will continue to grow at a fast pace in the next 10 years providing strong marketing opportunities. * Language: The app is written in many languages to help extend its geographic reach around the world, it can be read in English, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish and Vietnamese. These 800,000+ purchases represent sales from around the world; 57% from USA and Canada, 26% from Europe, 11% from Asia and 6% other locations. Growth Initiatives: * Lower price point: Upon release of the iPhone 6 Plus the price point is projected to be one of the lowest in the market place giving the company an opportunity to increase market share. * Growth: For 2015 the main initiative is to focus on an app for the iPhone 6 Plus. The screen size of 6 Plus is large enough to incorporate the handwriting feature. Since the iPhone 6 Plus was introduced to the market place there are countless requests from users to make this app universal. The iPhone 6 Plus version is scheduled to be released September 2015. * Cross Selling: A strong customer base of over 800,000+ satisfied users from around the world give a company a chance to tap into this large user group and cross sell other similar products. Sales of this app could improve with a company that had a broad geographic reach and distribution infrastructure set up to support sales. * Current Users: Continuing to engage the users with periodic email blast, social connections and in app connections would create additional social media hype that can be used for marketing purposes. Marketing to the current users would create opportunities to sell other technology based products and increase the amount of money spent per user. * Social Media: Establishing strong relationships in both the social media environment and with Apple Staff would drive attention to the product and increase consumer awareness.
San Francisco, California
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CF : $ 75,000
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Los Angeles County, California
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$ 149,000
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Los Angeles County, California
Preschool, Child Development Center
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California
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$ 250,000
CF : $ 100,000
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Los Angeles County, California
Operating Bakery - Semi Absentee Owner
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Portland, Oregon
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CF : $ 208,480
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Long Beach, California
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