Recurring Revenue Model Shopify App with Geo-Targeting and Geofencing Solutions
Investigate. The business has a strong cash flow with an annual profit of $40,107 and a unique product offering with no direct competition.
- •Monthly revenue is reported as $0 while annual revenue is $41,965.
- •Asking price is $220,000 but SDE multiple is reported as 0.
- •Listing states the app has been running stably for over a year, but the archive date is from 2022.
- •100% recurring revenue model
- •Projected cash flow for 2022 is $82,265
- •No direct competition on the Shopify App Store
This listing features a Shopify App that provides geo-targeting and geo-fencing solutions, enabling store owners to customize content based on visitor geolocation. The app operates on a 100% recurring revenue model, currently generating an annual revenue of $41,965.
The financial snapshot reveals a cash flow of $40,107, with projected growth indicating a potential cash flow of $82,265 in 2022. This app has been established since 2020 and has shown consistent operational costs of only $180 per month.
This opportunity is ideal for buyers looking to enter the ecommerce space with a unique product that has no direct competition. The app is scalable and has room for growth through enhanced marketing strategies.
To evaluate this opportunity further, interested buyers should review the financials and consider the unique market position of the app. Visit the listing page for more details.
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