The Daily Deal | August 16, 2022
Flippa.com
#1 platform to buy & sell online businesses. More buyers. Expert brokers. Faster close times.
What does the business do?
This App helps users track their fill-ups, services, trips, mileage and vehicle expenses, as well as helping track business mileage, and share data between users.
How does the business perform?
What do we like?
The App generates revenue from in-app purchases to unlock pro-features, and advertising. All the data is backed up on the cloud and the App integrates with Google Drive for backing up and restoring of data. The business has an 83% profit margin and all downloads are from organic traffic.
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From the Flippa Blog:
Each app business is unique and has its own challenges when it comes to app due diligence. The sheer volume of stats, metrics and information can be overwhelming. But with an app due diligence framework you can become an expert at assessing a mobile app business before you buy.?
This article?takes you through app due diligence, understanding competitive app categories, customer acquisition and retention, growth, and app valuation.