Because I’ve owned online businesses for the better half of a decade, I am frequently asked where investors can buy a profitable existing smartphone app. Most people are aware that a smartphone app is a profitable online business model, but they don’t have the time or skill to build the business from scratch. There are substantial advantages associated with buying a profitable existing smartphone app.
To begin, you don’t have to spend the time, typically years, building the app from scratch. Second, you don’t have to setup a method of monetization. Third, the app will be generating predictable profits from day one. Investing in an existing smartphone app is not something you want to do without due diligence however.
The best place to buy a smartphone app is , which is a marketplace to buy and sell online businesses. What I like about them is that every business is individually vetted, with thorough due diligence, before being listed on the marketplace for sale. I’ve dealt with Empire Flippers before, and they are the real deal, so I can definitely recommend them. They are the mediator that communicates with both sides, nurtures the deal, handles the transfer of funds, and even the migration.
The beauty of the smartphone app business model is that it’s a hands-off style business. You’re investing in the work that a team has already worked hard towards perfecting, and skipping the startup phase.
Smartphone apps typically sell for 30-60x monthly net profit, depending on how accomplished the app is and how revenue is trending.
If you are in a situation where you can afford the upfront cost, acquiring a profitable smartphone app may be more effective than starting one from scratch.
The sales advisors at Empire Flippers have decades of experience representing smartphone app buyers and sellers, so you will be in good hands. I recommend visiting the Empire Flippers marketplace if you are a buyer or their business valuation tool if you are a seller. You can always call them to discuss how they can help with your investment or sale.
To learn more about buying or selling an online business in general, please contact Empire Flippers at their contact us page, or browse their FAQ page.
