#1 Outdoor Navigation App in UK
For Sale in
Financial & Assets Details
About the Business
Available for acquisition is an unparalleled outdoor navigation brand with over 6.5 million annual sessions and 65K monthly active users. Very healthy SaaS with 25K active subscribers and renewal rates of over 70% each year.
Great opportunity to grow and scale as underlying tech architecture was updated in 2019 and the industry is positioned well for further growth. App dominates all competitors in this industry in the UK, and geographic expansion is a clear avenue for growth.
Highlights & Key Assets:
o 6.5 million annual sessions.
o 250K users and 56K MAU.
o 70% annual subscription renewal rate with 25K subscribers.
o Very low overhead and operating costs.
o Simple business to run and scale.
o High operating margins & strong cash flows.
o Major investment made in 2019 to modernize the app and ensure scalability.
Support & Training
Current owner and team will train as needed.
Reason for Selling:
Investment portfolio life-cycle.