Flippa
FOR SALE
Business Name

Simcy Creative

Business Model
Services
Industry
Internet

$15,000

Asking Price
Multiple 1.7x
Simcy Creative Creates web applications and sells them online.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Kenya
Date of Founding
2016
Full-Time Staff
1 to 10
Annual Revenue
$11,195
Annual Expenses
$2,378
Annual Net Profit
$8,817
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019
Revenue $834 $1,013 $1,064
Expenses $250 $250 $250
Net Profit $584 $763 $814
Month March 2019 April 2019 May 2019
Pageviews 34,489 35,591 13,013
Users 1,612 1,540 475

Note: Traffic data was provided on May 09, 2019. Enquire for more recent data.

Business Description

Simcy Creative is a business operating in the internet industry. At Simcy Creative we create web applications for businesses and individuals and sell them online via CodeCanyon. This is a platform by Envato. We have generated over 390 sales from our 4 web applications. The income is passive with no marketing.

How does your business make money?

We make passive income of $600 monthly selling licenses of our web applications here https://codecanyon.net/user/simcy_creative/portfolio

We also make $800+ through customisations of the same web applications for clients who need customisations. Customisations ranges from $50 to $1000 depending on the scope.

We do customisations depending on team availability, so customisation income varies each month.

Why should someone buy this business?

There are many reasons to buy Simcy Creative;
1. It generates passive Income
2. You make money via customisations, these are clients who come to you, not the other way round.
3. Each month we get several requests for custom projects, so if you are into software business, this is a source of new clients. Plenty!
4. Great Envato reputation with Trusted approval. 4.5 Rating.

How can the future owner improve this business?

Add more web applications, each new web app means more money. We have two more web apps that are not published yet, we are testing and documenting it before publishing.
You can advertise the business as well, we have done zero advertising and still achieved great results.
Improve on social media, that's something we really ignored. Not sure why.

Why are you selling this business?

I have two other businesses and and I am selling Simcy Creative so that I can focus raise money to pump into the other business. This company means much to me and has so much potential. I have a list of 15 web apps I was planning to create and I will share with the new buyer to grow the company.

Business Strengths

  • Brand and Community Loyalty
  • High Profit Margins
  • Passive Revenue
  • Positive Customer Reviews
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Programming / Development

Assets

  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
380 followers

Post sale support

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

Included

About the Seller

Daniel Kimeli

Kenya

I am web developer with interest in developing simple solutions for Businesses.

Contact