Facts and Figures
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For the majority of Canadian and US cities, in order to report a non-urgent city issue (like potholes, graffitis, noise complaints, garbage collection, etc.) citizens typically have to call 3-1-1, wait in the line, state their information and what the problem is. With Neappoli, all this can be done with a push of a button. Just take a picture and/or add a description and send it to the city! When the issue is closed the user gets an in-app and email notification. Neappoli currently operates in the capital of Canada, Ottawa.
How does your business make money?
You can sell the app to cities with a yearly subscription model for different feature tiers. Additionally, you can charge politicians for ward-based advertising in the app.
Why should someone buy this business?
If you have connections in municipalities or have skills selling to them, you can easily make a lot of money with the subscription model of this solution, while at the same time contributing to the betterment of your community. Typically, an app like Neappoli sells for $60,000 and charges a $15,000 yearly maintenance fee.
Why are you selling this business?
I have the skills required to operate it, but I don't have enough sales experience or connections required to sell to municipalities. If you have either of those things you can make a lot of profit, as the app and website are already developed.
- High Barrier of Entry to Market
- High levels of Automation
- High Profit Margins
- Length of Operation in Niche
- Sticky Business Model
Opportunities for a new owner
- Launch New Products
- Start Selling into New Markets
- Introduce Further Revenue Streams
Key day-to-day operations
- Customer Support / Service
- Launching New Products
- Programming / Development
- Email Marketing
- Brand assets
- Custom technology
- Customer databases
- Hosting accounts
- Social media accounts
- Website files, source code and content
- Google Adwords
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
I'm a Computer Science graduate from the University of Ottawa, passionate about building new tools and apps to automate processes and help society!