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Mobile App
Location: United States -> California -> Southern California - Los Angeles Area -> Venice Beach
Industry: Technology – Internet Related > Web Design and Software Development




Business Summary

A perfect app for the busy mobile user in today's now world. We have a fantastic app design for an iphone and Android mobile app and desktop interface. If you are familiar with the mobile app growth over the past couple of years you know the sky is the limit. Review Snapchat and their growth in 2012-13. They are in the top 5 spot with regards to downloads and popularity and have a valuation of some $800M in two years. They are located just down the street from us in Venice. They have been able to raise about $100M in VC funds to operate their app business. However, here is the issue. They have no revenue. They have users and data only. The value is in the sell at some point not the ability to generate revenue.
I have developed an app within a huge sector of the user base with immediate revenue generation potential. We strive to gain a large number of users with sellers providing huge revenue from month one.
I am looking for a minimum of $200K in seed or VC to start and will offer a superior equity position to the right individual or group. Our goal is to be in every city within two years and have a minimum valuation of $100M-$300M in 24 months.
Please make contact if you are interested in this type of start-up.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $50,000,000
Cash Flow:   $25,000,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Equity position
Reason For Selling:  Raise equity




Print Listing Id: 700208212
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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