Listing Details : LB-11043

Asking Price 50 Lacs
Turnover 2 Lacs
Legal Entity Partnership-LLP
Category Internet & Technology
Sub Category Software Service Products
Business Listed By Business Owner

Overview

Business Overview - Our business is a mobile application that allows users to create social media banners, digital cards, logos, graphics, and animated videos. - We have 3,000+ registered users on the platform. - Our revenue model is to charge the users on different subscription packages like gold membership, silver membership and packages to encourage women entrepreneurs as well. - Our subscription plans range from INR 2,500 per year to INR 5,000 per year. - Currently, we have 250 paid customers, 100+ gold members, and around 50+ silver members. - The content is developed by our in-house team. - Our application is available in 3 languages that is Gujarati, Hindi, and English. - The business does not have any loans. - Currently, we are running at break-even as we are generating very less revenue to manage our expenses. - The business has 3 directors, 2 of them own 25% stake and 50% ownership stake is owned by the 3rd director. - The buyer will get the legal entity, brand name, mobile applications, and website.

Year of Establishment

2021

No. of Employees

N.A

Current Status of Business

Closed

Business Relocatable

Yes

Property Type

Leased

Rental per Month

50 Lacs

Describe Property

They are on rented property

Competition / Market

Millions of Market and existing few players

Products & Services

- Our business is a mobile application that allows users to create social media banners, digital cards, logos, graphics, and animated videos.

Growth Potential

100%

Reason For Sale

Another business

Financial Details

Contact Business