Business Name

Income-app & Spender

Business Model


Asking Price
Multiple 3.4x
Simple money management tool for self-employed people and personal budgeting
This business owner has manually entered their financials

Facts and Figures

Date of Founding
Full-Time Staff
Owner Operated
Annual Revenue
Annual Expenses
Annual Net Profit
Profit and Loss
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 May 2019 June 2019 July 2019
Revenue $767 $835 $1,236
Expenses $3 $0 $0
Net Profit $764 $835 $1,236

Business Description

Income is a money management solution for easy cash flow tracking.
It contains 3 parts:
• Web-version
• iOS app
• Android app

Included in the price there is its original project: http://spender.me
Spender app generates about 1500$/month with zero advertisements, however, its codebase is deprecated and unstable. This was the reason why we decided to build the app from scratch - Income.

Income is based on Google Cloud Firestore technology. This guarantees stable and scalable functionality with a minimum number of issues.

How does your business make money?

Revenue is generated from the sales of extended functionalities through in-app purchases (auto-renewable subscriptions)

iOS and Android statistics:
- iOS
Active users per day: 3,232
Downloads (last 30 days): 1,266
- Android
Active users per day: 6,600
Downloads (last 30 days): 950

Why should someone buy this business?

Income-app is an established business running since 2012.
The new owner has two options to do with the project.

  1. Make money directly
    • Define a target market (region, audience, etc)
    • Update the app according to target requirements
    • Plan advertisement
    • Run and make money

  2. Use Income app as part of an existing project in case the new owner has a business or a project in the finance domain. It can easily be integrated with other solutions.

How can the future owner improve this business?

Extend functionality: Add more types of financial reports.

Why are you selling this business?

Currently, we are concentrated on other projects in a different niche that require our full attention. The Income project is live and generating revenue and deserves a new owner to take advantage of its potential and further develop it to take it to the next level.

Business Strengths

  • Lots of Repeat Customers
  • Low Return Rate
  • Passive Revenue
  • Scalable Business Model
  • Overall Market Size

Opportunities for a new owner

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

Key day-to-day operations

  • Launching New Products
  • Website Maintenance
  • Programming / Development
  • Adwords Maintenance


  • Email Marketing
  • Facebook Advertising
  • Google Adwords


  • Customer databases
  • Domains
  • Social media accounts
  • Website files, source code and content

Social Media


Post sale support

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


About the Seller

Pavlo Matvienko

Verified Account


We are software development team based in Ukraine, Eastern Europe. We provide outsource development services and create our own amazing projects.