AI App with Subscription Revenue

Status: For Sale

App

Revenue:

$85,621

Profit:

$82,261

Price:

$287,000 (Open to Offers)

Description

Available for acquisition is the first smart AI Assistant powered by Chat GPT on the app store launched in December 2022. The app is an advanced AI model aggregator powered by the latest LLM models in text, imaging and music. The app provides a smooth, high quality user experience with one account that works across web, app and iOS keyboard. It includes advanced features such as AI voice commands, AI file & image context, AI memory management, AI Keyboard Extension (iOS), and integrations with DALLE3, GPT 3.5, GPT-4, GPT-4 Vision, and music AI Suno.

The brand on the app store is trusted and well liked and maintains high quality throughout the product. This leads to some high usage (Pro users spend an average of 50 minutes/day on the app, Free users an average of 11 minutes/day). There is a high potential to grow the service into a major product in the exploding AI consumer market.

Highlights

o Bootstrapped, popular AI product that is as good or better than much larger competitors that are doing $3M/MRR
o Rapidly growing niche that is going mainstream (currently a $20B market forecasted to reach $240B)
o High quality app, design, UX and marketing materials – robust code and build
o High usage (Over 50 min/day average for active users)
o High average profit per user ($120 LTV at $0 marketing spend)
o High gross profit margin (80%+)
o 4.7 App Store Rating
o 3,000+ 5-star App Store reviews
o 100% Organic traffic
o $6K MRR and cashflow positive from Day 1
o Steady lower churn rates & higher customer LTVs monthly
o Low maintenance costs
o Email lists of approximately 120,000 user emails

Support / Training

The company owners are willing to offer a training period and will work with a new owner to ensure a smooth transition.

Reason for Selling

The owners started this as hobby project and it took off. They’ve been maintaining it with their extra time and $0 marketing spend. Their main focus is an AI music startup they are working on full-time and which requires their full attention.

App

Revenue:

$85,621

Profit:

$82,261

Price:

$287,000 (Open to Offers)

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