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Chapter 9: Show Me the Money! > SELLING YOUR APP BUSINESS

SELLING YOUR APP BUSINESS

One of the biggest, most over-looked ways to cash in on the app gold rush has nothing to do with selling your apps on the App Store. It has to do with selling your turn key app business. Due to the mobile app boom and the potential for strong cash flow with little overhead, many companies all over the world want to acquire app businesses.

They have four reasons for this:

  1. It's the hottest industry around.
  2. It's more turnkey than most businesses.
  3. It's easily scalable, with low overhead.
  4. The profit margin of a successful app company is hard to match.

My companies had over 35 million downloads, up to six figures a month of income with an 80 percent profit margin, required me to work only 10 hours a week, and had almost no customer support requests. It is a dream business/life, and everyone wants a piece of it.


  

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