Sell your business

Market Leading Photography & Graphic Design

29 March 2020

    Annual revenues

    $7,242,000

    Annual profit

    $4,228,000

    Multiplier

    x 4.17

    Asking price

    $17,634,000

    For sale is a diversified suite of market-leading iOS Apps in the graphic design niche.

    Launched in 2016, the Business has grown in popularity by providing a diverse set of features and functionality for both B2C and B2B iOS users with 28 Apps covering a wide spectrum of essential tools and the Apps enjoy unparalleled success. 4 Apps drive 86% of the revenues but all 28 are included in the sale.

    As demand for smartphones continues to rise, spending on mobile Apps has reached an all-time high. With mobile App revenue standing at $461 billion in 2019 (predicted to nearly double by 2023 to reach $935 billion), the Business is optimally-placed to capitalize on these industry trends.

    With a portfolio of market-leading Apps monetized via recurring subscriptions and in-App purchases, revenues have grown at a meteoric rate, rising at a c.221.2% CAGR over 2017 to 2019. The business now generates gross revenues of over $7M annually while maintaining high net margins of c.59% offering plenty of resources to invest in growth.

    The portfolio presents a unique opportunity for a new owner to take over a diversified business in the highly profitable mobile App niche with dozens of successful mobile applications.

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