Asking Price:

$600,000.00

Cash Flow:

$0.00

Multiple:

0x

Gross Revenue:

$412,836.00

FF&E:

0

Established:

EBITDA:

$0

# of Employees:

Asking Price

$600,000.00

Cash Flow

$0.00

Gross Revenue

$412,836.00

Multiple

x

FF&E

Established

EBITDA

$0.00

# of Employees

Business Description

For sale is an iOS app that helps users edit photos using unique filters, presets, background remove and photo retouching all in one app. The app was launched in May 2020. It is available worldwide and uses a subscription monetization model.

Key Features include:
– Collection of presets by categories (more than 500 presets and 70 effects)
– Ability to apply preset directly in an application without Lightroom
– Collection of effects for photos that are applied directly in the application
– Lightroom Education Course
– Photoshop integration with which retouch is applied in photos
– Icons for Highlights (more than 100)

The remote server is configured to handle presets and apply effects. Lightroom is also configured to handle photos and presets directly in the device.
 
 
 
Highlights
• 3 year old app
• Subscription revenue
• Rating: 4.7 out of 5 (124.280 reviews)
• Downloads: March – 39.4k, April – 36.8k, May – 57.9k
• DAU = 4.1K
• MAU = 46K
• Average payment count: Weekly subscription – 9, Monthly subscription – 4, Yearly subscription – 1.8
• Specific growth potential:
o Testing more value and developing new features such as photo correction, avatars etc.
o Adding new AI-functions for photo editing will raise LTV.
o ASO and paid UA will help increase revenue and profit.
o Exploring new revenue streams will expand profit.
 
 
 
Support / Training
The company owner is willing to offer a training period and will work with a new owner to ensure a smooth transition. This is flexible depending on your needs. Their team will continue working with a new owner if desired.
 
 
 
Reason for Selling
Owners are selling all of their current apps to focus on a brand-new direction.

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