4 ms·
I made a dating app in my spare time that's popular, how do I sell it
If I could make at least $1M from it I'd consider selling it. It currently makes $2k profit per month (99.9% profit margins)
Is my asking price too much? It has 60K downloads per month.
Here's the app: https://apps.apple.com/us/app/cuff-live-video-dating/id1514536428
- maxrev17 6y agoI'd hold on for a while, at 2k/mo you're looking at 24k profit a year times 5 if you are lucky for sale price right... so 120k(ish) current value. Grow grow grow!!! :D. Awesome work btw
- GianFabien 6y agoSo you'd need to get to 500k downloads and $20k / month to get $1m in a sale?
- consultutah 6y agoYou’re no where near $1M for valuation, but when you’re ready to sell, microaquire is a great place to list.
- gamechangr 6y agoCongratulations on your success! I hope this is helpful, though maybe a little disappointing. You could get $50,000-$100,000 if you found the right buyer. Just maybe a good rule of thumb my help is somewhere between 2x-5x profit would be the sale price or ($48,000 to $120,000). Usually the 5x is from someone else in this space that wants the users/info. You could wait until you get a 300,000 downloads a month and get a lot more, but it's harder to scale than one thinks. I say keep growing it. The same intelligence that brought you this far, will get you further. Stay with it!
- johnnyy 6y agosounds interesting! I like Olive video chat app for iphone here https://apps.apple.com/us/app/olive-live-video-chat-app/id1469507454 https://apps.apple.com/us/app/olive-live-video-chat-app/id14... . It helps to find new friends, filter people by genre and make private video calls with your previous matches. As for me it's a perfect app for online dating.