FOR SALE
07/01/22
288494
Reach the 170 million people looking for movie reviews every month.
An iOS app that lets users discover and track new movies. Similar websites like IMDB and Rotten Tomatoes see 170M unique visitors each month.
What is included in the sale?
The sale includes:
What is required to keep the app operational?
This is passive income at its best as there is very little work required to keep the app operational. The focus should be on marketing the app to drive further downloads and revenue.
Why are you selling the app?
I love building products but I'm not interested in building and running a company. My goal is to create beautiful apps with proven business models that buyers can scale quickly.
How does the app generate revenue?
The app currently generates revenue through Interstitial ads (Admob) although there are other monetization strategies worth exploring such as paid downloads and/or in-app purchases. I'm happy to share other possible monetization strategies post sale.
Are there any expenses for the app? If so, what are they?
You'll need an Apple Developer Account (£79 per year). There are no other ongoing expenses other than marketing costs to drive more downloads and revenue.
What marketing initiatives have been used for the app?
The app is new to the store (added Oct 1.2021) and I haven't started marketing it yet.
How can the future owner improve the app?
The app could be improved in many ways:
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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