Utility App – Recurring Revenue & B2G Expansion

Apps / Utility
Utility App – Recurring Revenue & B2G Expansion
Revenue
$6,387
Profit
$4,601
Price
$50,000 (reduced from $75K)

Description

Utility App – Recurring Revenue & B2G Expansion

For sale is three year old niche utility app with the unique aspect that it is designed to help save lives. It is a revolutionary system of networked mobile applications that allow users within each emergency response department to seamlessly update their availability with the touch of a few buttons. This solves the need of each department leader to know which responders are and are not available. It even allows members to go En Route so everyone knows who is actually responding. Before this app, no one on the department knew whether volunteers were or were not in town or available to respond to calls.

The primary market is Fire / EMS Departments worldwide but options are endless in various markets. The application has helped save lives. The owners have stories and testimonials from departments regarding its value.

Overall, this is a very useful app, a great idea with a recurring revenue/license business model, that is built, tested, and functions so that a new owner can just take it and start marketing/selling.

Ideal new owner for this business is someone with distribution already in place or that can go sell it to emergency response departments.

Highlights & Key Assets:

o Solid Built Applications with a robust back end – Fully Functional and approved mobile applications that interact with a web based back end system to function.
o The name has become synonymous with on call availability.
o Multi National adoption by customers.
o Limited competition in the space
o Recurring revenue model – departments currently pay monthly
o Apps are beautiful and simple
o Simple to operate back end
o Well built websites
o Award winning Applications
o Great Growth Potential
o PageOut Trademark

Growth Potential:

Owners have a list of specific feature upgrades that can open the market exponentially and charge more (SEE PROSPECTUS FOR FULL DETAILS). There is also tremendous potential in other markets outside of fire and EMS.

Training & Support:

Owner is flexible with training and transition terms.

Reason selling:

The business was originally started by two partners who bootstrapped this entire project (they have invested around $100K so far). It didn’t grow as quickly as they thought it would and they ran out of capital to grow it further. The current owner bought out his partner and now has more flexibility on getting a deal done.