Flippa
FOR SALE
Business Name

Income-app & Spender

Business Model
SaaS
Industry
Business

$50,000

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

Location
Ukraine
Date of Founding
2012
Full-Time Staff
Owner Operated
Annual Revenue
$15,070
Annual Expenses
$384
Annual Net Profit
$14,686
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

Marketing

  • Email Marketing
  • Facebook Advertising
  • Google Adwords

Assets

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

Social Media

Facebook
200 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

About the Seller

Pavlo Matvienko

Verified Account

Ukraine

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

Contact