Recently Sold!
Established Kids Educational Mobile App – Profitable, Remote
Asking Price: $18,000,000
Description
Established Kids Educational mobile gaming app for children between the ages of 3-13 with over 50 million downloads and 250,000+ 5 star reviews across all platforms.
One of the key strengths of this business is its recurring revenue model that boasts a staggering 95% of total revenue. With millions of non-paying users it offers a large, untapped pool of prospective paid subscribers.
Boasting a notable client list including Amazon, Contixo, and Clevertouch paired with 85,000 active subscribers has projected revenues on track to exceed $3.3M in ARR for 2023. The opportunities for growth are massive as the majority of users come in organically.
This business could be a great fit for an existing educational business looking to expand their footprint in the early childhood education sector or a strategic acquisition into the US market.
Business Summary
• Established 2010
• Over 48 Million downloads
• 250,000+ 5-star ratings
• 85,000+ active subscribers
• 95% recurring revenues
• $3.3M in revenue projected for 2023
• Notable clients: Amazon, Contixo, Clevertouch
Owner Benefits
• Remote/Relocatable
• Strong cash flow and profitability
• Impressive year over year growth
• Popular, well-established product
• Great reputation
• Low operating costs
Financial Overview
| Gross Revenue | $3,139,702 |
|---|---|
| Cash Flow | $2,851,671 |
| Year Established | 2010 |
| Employees | 0 |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Computer Games |
| Location | USA, Missouri (Jackson) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Growth Potential
• Paid user acquisition
• Price increase
• Improve retention/churn
• Increase social media presence
• Offer additional translations
• Sell directly to schools
• Increase sales to vendors/ preload on hardware