Flippa
FOR SALE
Business Name

Confidential

Business Model
SaaS
Industry
Hobbies and Games

$139,900

Asking Price
Multiple 2.3x

+ $159,000 Inventory

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Profitable Social Casino Facebook Game with high ARPU. Making USD$7K gross per month and growing.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2013
Full-Time Staff
1 to 10
Annual Revenue
$74,000
Annual Expenses
$12,000
Annual Net Profit
$62,000
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $5,154 $5,698 $5,454
Expenses $1,000 $1,000 $1,000
Net Profit $4,154 $4,698 $4,454

Business Description

Well Established Social Casino Games on Facebook with average revenue per user( ARPU) of $8,000 since June 2018. users interact with live chat, live multi ticket games, various leader boards and great competitions. The app is currently growing by 800-900 new users per month.

How does your business make money?

The app makes money by in-app purchases. The in app purchases are "bolts". Bolts are used to purchase power-ups, which enable a player to advance at a higher speed and allow to compete in various competitions.

Why should someone buy this business?

If you are looking for a gaming app, with high-profit margins and unique position for growth, this is the perfect app. The app has an incredibly loyal and devoted customer base, many players have been with the app since launch.

How can the future owner improve this business?

With the right investment and strategies, the app can be taken to mobile and monetized immensely.

Why are you selling this business?

I currently have a large portfolio of businesses and I am looking to downsize.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • High levels of Automation
  • High Profit Margins
  • Well Established and Unique Brand

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Managing Staff
  • Design & Production
  • Programming / Development

Marketing

  • Affiliate Marketing
  • Customer Referral Program
  • Facebook Advertising

Inventory

Units
1
Value
$159,000

Assets

  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Policy and Process documents
  • Website files, source code and content

Social Media

Facebook
5.9K followers
Twitter
0 followers
Instagram
0 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

Confidential

United States