Exam Prep & Reference Apps

Status: For Sale

App

Revenue:

$46,747

Profit:

$34,708

Price:

$120,000

Description

For sale is a suite of 5 iOS (only) apps in the Education, Reference and Books categories. The apps are a mix of freemium and paid apps of high value. The first three apps are in the Test prep category for professional tests. The fourth app is a reference app that displays prices of a specific part for different car models. The fifth app is a reference app for users who need to refer to a state penal law code

Highlights

o Owner created these apps to earn some income on the side. He wanted to focus on niche areas which can assure a consistent income without having to devote much time on them.
o The apps run on their own and require only 1-2 hours of work every week.
o Owner has not done any social media marketing which could be a potential source of new revenue.
o The apps have consistent downloads and generate stable revenue as they are always in demand since testing and law is an evergreen industry and not impacted by the economic situation.
o They are also high value apps that users are happy to pay for. One app is priced at $9.99 per download, another $19.99 per download and and another at $12.99 per download.
o The other apps have a steady monthly revenue as they are subscription based. One has around 70-80 monthly subscribers on an average each paying $9.99 per month and another has 30-35 monthly subscribers paying $19.99 per month and 8-10 annual subscribers paying $150 per year.
o The apps with the subscription model have a high retention rate. One has an 83% retention rate and another has a 73% retention rate.
o The apps are all in niche areas with limited competition and have high growth potential for a new owner if they decide to focus on social media marketing.

Support / Training

The owner is willing to provide support and a training period of 30 days. This is flexible depending on your needs. The original developer is happy to work with the new owner if desired.

Reason for Selling

Owner wants to start an eCom business and requires capital for that.

App

Revenue:

$46,747

Profit:

$34,708

Price:

$120,000

Request more information

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