Hi. I've developed (with some help) a few apps and continue to learn XCode and Cocoa.
As I continue on this path, I am looking to buy an App that is already working, with a proven track record, that can show some numbers.
As of now I am open to discuss ideas but I am focusing on social photography and fashion. My target market is located in Latinamerica. I am looking to buy the app (all rights) and boost marketing to try out a few hypothesis
Also the logistics of buying an app usually just don't work out. Most developers who might want to sell an app have other apps published with the same iTunes account. Unless you want to completely buy out a developers iTunes account you have no guarantee of revenue, as there is no way to transfer an app that I know of from one iTunes account to the other. If you simply get the source/apk from the developer and republish yourself you almost certainly won't be generating the same cash flow as you don't have the same user base and you don't have the advantage of placing high in rankings/searches.
Well without a price range you are just going to scrape the bottom of the barrel. So...good luck with that.
Would you really be interested in selling your franchise bignoggins? From what I can remember reading hear and being jealous of, you are doing quite well. I have no idea how this stuff works, but you might want to consider getting an agent or something and contacting the big dudes like ESPN and such (if they haven't already contacted you)
Also the logistics of buying an app usually just don't work out. Most developers who might want to sell an app have other apps published with the same iTunes account. Unless you want to completely buy out a developers iTunes account you have no guarantee of revenue, as there is no way to transfer an app that I know of from one iTunes account to the other.
Apparently it IS possible (albeit not easy) to transfer apps between developer accounts, if you contact Apple:
I think it would be rather difficult to find a cash-cow for sale, especially here, where developers have a strong feelings for their creations. If something has a proven record of bringing in money someone would have to be really hard-pressed to sell it. I wouldn't want to part with Dragon Lords regardless of the price.
Show a sign of life and I'll be more than happy to talk financials. I am looking to buy future cash flows. They need to be proven
Well, if they are proven then they are current cash flows so you'll have to make it worth while for the developer to sell it when they already have profit from it.
With the right offer, there would definitely be sellers. For example, if someone offered me 5x yearly profits, I'd sell. That'd give me enough cash to hire another team and start over. Plus some credibility to raise more cash.
With the right offer, there would definitely be sellers. For example, if someone offered me 5x yearly profits, I'd sell. That'd give me enough cash to hire another team and start over. Plus some credibility to raise more cash.
I am setting up a small fund and that is exactly what we are looking to do. start building a portfolio of apps that can complement our offering. We have a team focused on Latam marketing. So in specific what we are looking for is
1. Market potential
2. Re-branding capability
3. Future dev opportunities (free- update versions of the app)
Our offering is based on a simple Algorithm basically following these principles
1. Total downloads over the past 6, 12 months. (Price of the app)
2. Growth rate over the past 3 months
3. Sales channels used until today
4. Version of App
Initially we are looking at smaller apps. If you are looking for a a figure to start with, we could say we are looking at 2-5k (USD) to start off.
Good luck in your search. Its an interesting idea and one that I am also looking at. Have been looking to buy existing apps with a solid user base as well
I am setting up a small fund and that is exactly what we are looking to do. start building a portfolio of apps that can complement our offering. We have a team focused on Latam marketing. So in specific what we are looking for is
1. Market potential
2. Re-branding capability
3. Future dev opportunities (free- update versions of the app)
Our offering is based on a simple Algorithm basically following these principles
1. Total downloads over the past 6, 12 months. (Price of the app)
2. Growth rate over the past 3 months
3. Sales channels used until today
4. Version of App
Initially we are looking at smaller apps. If you are looking for a a figure to start with, we could say we are looking at 2-5k (USD) to start off.
If interested let me know on my P, Inbox
Thanks
AV
$2000 - $5000? For that amount you will only get an app that makes less than $200-$300/month.
$2000 - $5000? For that amount you will only get an app that makes less than $200-$300/month.
Not even that I think and definitely not a future cash cow if you ask me.
Any app that has a proven success record AND potential for growth will be worth much more.
1. Market potential
2. Re-branding capability
3. Future dev opportunities (free- update versions of the app)
Wow never got so bored reading 3 bullet points _
Quote:
Our offering is based on a simple Algorithm basically following these principles
1. Total downloads over the past 6, 12 months. (Price of the app)
2. Growth rate over the past 3 months
3. Sales channels used until today
4. Version of App
Even more boring now
Quote:
Initially we are looking at smaller apps. If you are looking for a a figure to start with, we could say we are looking at 2-5k (USD) to start off.
Well ok now for the serious note, after all the big words like marketing potential, growth, re-branding... You endup with $5k, which is what any serious app you should consider can make in a week or less :/
Really, you don't need to look at those things, forget about the numbers, the growth, the analysis etc, look at _what_ are you buying, look if it has any _soul_, look at how cool it is, not how well is branded or how well is selling or any graph on a chart.
Remember: if you always bet on the favourite, you'll endup loosing in the long run.
People buy something good if you expose it to them, they don't buy a potential growth chart.
PS: before anyone will ask, I'm not selling anything
Not even that I think and definitely not a future cash cow if you ask me.
Any app that has a proven success record AND potential for growth will be worth much more.
Indeed, I overestimated the numbers. For $5000 you might get a $100/month app if any.
I agree with Donoma, if somebody paid me yearly profit times 5 I'd sell too.
I myself wouldn't buy just an app. Buying the code itself is pretty much pointless. It's better to hire people to write the code. Companies buy software not for the software itself but for the client base and recognized brand.
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I agree with Donoma, if somebody paid me yearly profit times 5 I'd sell too.
I myself wouldn't buy just an app. Buying the code itself is pretty much pointless. It's better to hire people to write the code. Companies buy software not for the software itself but for the client base and recognized brand.
You'd be crazy not to, who knows in what form or shape the app store will be in 5 years? Even apple wouldn't know.
I agree with Donoma, if somebody paid me yearly profit times 5 I'd sell too.
I myself wouldn't buy just an app. Buying the code itself is pretty much pointless. It's better to hire people to write the code. Companies buy software not for the software itself but for the client base and recognized brand.
websites typically go for 6-24 months revenue, depending on the growth curve. I'd say fair value for apps is much less as website revenues tend to be a lot more constant. No one is going to pay 5x yearly unless they are brain damaged or you are showing hockey stick growth, which is tough for paid apps.
Looking to buy a done (up&running) app
Want numbers?
Linear Mode
