Appflip is an M&A company primarily focused on Mobile App Exits

7 Year Old Game Bundle - OTP Organic Games - $191k Profit LTM

iOS

Revenue
$ 220.6K
Profit
$ 217.2K
Price
Open to offers

Overview

This bundle of apps were launched by the company in 2017. The apps are one time purchase apps and are purchased to be used by kids.

The founder has a background in 3D animation and modelling and they had the idea to create these apps, given their background. Apple has featured the app multiple times in its 7 year history. The apps have been consistently generating over $200k in proceeds the past 3 years.

The app owner was contacted by a major studio to produce a series based on the apps. They have also never really carried out marketing for the app to grow it and think this is a big growth lever for the games.

Key Points

  • Achieved $191k in Net Profit LTM
  • Downloaded 132k times LTM
  • Generated $194k in proceeds LTM
  • Achieved 25k MAU across all apps
  • Watched million on times on Youtube

Future Roadmap & Growth Levers

  • Pursue potential deal like the offer from the major studio to grow the app revenue
  • Launch toys and clothing off of the brand
  • Shift the apps from a one time purchase to a subscription
  • Testing on pricing ton increase revenue

Owner Post Sale

Is open to staying on full time or leaving completely depending on the offer.

Motive for Selling

The owner is an animator and is not business savvy. They know that the apps have much more potential, but they are not in a place to grow them from their background.

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