Business Overview

For sale are two apps that allow TikTok users to share their account with others and increase their followers. Users can earn “stars” to request followers of various amounts. They can earn stars for free by watching rewarded ads or by following other users. They can also purchase stars. When a user exchanges stars for followers, the app promotes their profile to the audience until they receive the requested numbers of followers on TikTok. All the followers are 100% real and no bots or other manipulation of the TikTok platform are used like some other apps do.

Highlights:
o Outstanding ASO and ranks very highly for all TikTok related Play store keyword searches.
o Massive number of organic downloads and have never paid for marketing.
o Many “whale” users who will spend upwards of hundreds of dollars to add followers with these apps.
o The two apps share a backend that is very inexpensive to run – only $300 per month.
o With two apps it allows the owner to get more share of the ASO results for “TikTok” related keywords in the PlayStore.
o Monthly Downloads: 140,000+ (all organic)
o MAU: 170,000
o DAU: 11,000

Financial

  • Asking Price: $350,000
  • Cash Flow: $144,961
  • Gross Revenue: $149,161
  • EBITDA: $144,961
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

Home Based

Is Support & Training Included:

The company 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. The outsourced contractors the owner uses would be happy to work with a new owner.

Purpose For Selling:

The two partners are looking to work on different projects.

Home Based:

This Business Is Home Based

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell operating businesses. Nevertheless, the real reason vs the one they say to you may be 2 completely different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in profits, or a variety of other factors. This is why it is very essential that you not depend entirely on a vendor's word, but rather, utilize the seller's response together with your general due diligence. This will repaint an extra sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses borrow money so as to cover items like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that profit margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be fulfilled or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract brand-new consumers? Many times, operating businesses have repeat consumers, which form the core of their everyday earnings. Particular elements such as brand-new competition growing up around the area, roadway construction, as well as staff turn over can affect repeat clients and also negatively impact future incomes. One important thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the greater the possibility to construct a returning customer base. A final thought is the basic area demographics. Is the business situated in a densely populated city, or is it situated on the outskirts of town? Just how might the regional typical household income effect future revenue prospects?