HotSeat | Truth or Dare
Pass. The business has a low monthly revenue of $15 and an asking price of $1,490, resulting in a high SDE multiple of 8.28.
- •Annual profit is reported as $0, which raises concerns about profitability.
- •Monthly revenue is only $15, indicating low cash flow stability.
- •SDE multiple of 8.28 is significantly above the preferred threshold of 4x.
- •The app is only 2 months old, suggesting limited operational history.
HotSeat | Truth or Dare is an iOS app designed for interactive group gameplay, perfect for social gatherings. It is currently listed for sale at an asking price of $1,490.
The app generates a monthly revenue of $15, translating to an annual revenue of $180. However, it reports no profit, which raises concerns about its financial viability.
This opportunity may suit buyers looking for a low-cost entry into the mobile app market, but the low revenue and high SDE multiple suggest caution.
To evaluate this deal, consider the app's growth potential and operational history. Interested buyers should conduct thorough due diligence before proceeding.
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