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I made a dating app in my spare time that's popular, how do I sell it

5 pointsby alirsgpabout 4 years ago
If I could make at least $1M from it I&#x27;d consider selling it. It currently makes $2k profit per month (99.9% profit margins)<p>Is my asking price too much? It has 60K downloads per month.<p>Here&#x27;s the app: https:&#x2F;&#x2F;apps.apple.com&#x2F;us&#x2F;app&#x2F;cuff-live-video-dating&#x2F;id1514536428

3 comments

maxrev17about 4 years ago
I&#x27;d hold on for a while, at 2k&#x2F;mo you&#x27;re looking at 24k profit a year times 5 if you are lucky for sale price right... so 120k(ish) current value. Grow grow grow!!! :D. Awesome work btw
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gamechangrabout 4 years ago
Congratulations on your success!<p>I hope this is helpful, though maybe a little disappointing. You could get $50,000-$100,000 if you found the right buyer. Just maybe a good rule of thumb my help is somewhere between 2x-5x profit would be the sale price or ($48,000 to $120,000). Usually the 5x is from someone else in this space that wants the users&#x2F;info.<p>You could wait until you get a 300,000 downloads a month and get a lot more, but it&#x27;s harder to scale than one thinks.<p>I say keep growing it. The same intelligence that brought you this far, will get you further. Stay with it!
consultutahabout 4 years ago
You’re no where near $1M for valuation, but when you’re ready to sell, microaquire is a great place to list.