8 year old Fitness Tracking App with 9M downloads, priced at 2.5X ARR!

Business Start Date: February 2016
Business Price: 1.55M USD or 1.45M EUR
Sales (TTM): €556,436
Net Profit (SDE): €186,833
Business Multiple: 7.8x TTM SDE and 2.6x ARR
Users: 1.5M registered users, 28,000 paying users, and 188,000+ Monthly Active Users
App Downloads: 9M+
Lifetime Revenue: 2.6M EUR

The Opportunity

This is a excellent opportunity to acquire a very profitable 7.5 year old SaaS app business in the competitive lifestyle/exercise analytics niche. This business is being offered as a simple acquisition for the owner to exit - the business is competitively positioned with over 9M historical downloads in the Google and Apple app stores with a still very active diversified base of 188,000 monthly active users, 9M historical downloads, and 28,000 paid subscribers from Europe, Asia, and the Americas. The business has been run as a lifestyle business but with more focus on growth, hiring, and expanding features & user base, the business can be grown immensely.

General Highlights
7.5 Year Old App with 9M Historical Downloads and 2.6M EUR in lifetime income
28,000 active paying subscriptions and 188k MAU from around the world!
Very light owner requirements with not much needed to run business (as it is very automated)
Focuses on high growth segment of fitness activity tracking around the world (especially in growing developing countries) - 46%+ of users are Chinese!
Priced at about 2.5X of TTM revenue

For full details, sign up to FIH.com and go to the following link: https://fih.com/listing/7906543