Sell your business

Top 100 US Grossing Telecommunication

9 August 2018
  • App

Annual revenues

$1,238,000

Annual profit

$708,000

Multiplier

x 3.83

Asking price

$2,709,000

For sale is a proven and established App business in the telecommunication niche.

Launched in 2013, the business targets both B2B and B2C users, allowing them to alter their phone number when making outbound calls from a mobile phone. The App allows for a wide range of use-cases, from reaching business clients, to placing a private call or calling friends.

Targeting the 1 billion active Android users, the business has built up a leadership position in the niche. Boasting thousands of glowing reviews, the App is consistently in the top 100 US grossing Apps over the past year. In turn, this has translated to steady revenue growth, reaching a c.40% CAGR for the period 2014 to 2017.

The current owner has built the business with scale in mind, outsourcing much of the day-to-day to a freelancer. This allows the owner to spend only a few hours per week handling the technical maintenance of the App, creating plenty of time for a new owner to focus on growth opportunities.

The business presents an ideal opportunity for a new owner to take over a proven and scalable business with thousands of glowing reviews, clear market demand, and a leadership position within the niche.

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