Top iOS QR Code Reader App

Financial & Assets Details

About the Business

Business Description

Available for acquisition is a market-leading iOS application enabling fast, reliable QR code scanning and decoding, with 2.9 million monthly active users and over 70 million total downloads. It is a versatile QR code and barcode scanner app supporting over 15 code types. It offers features like detailed product and food information, scan history, organized folders, batch scanning, and CSV export. The app has cross-platform capability (available on iPhone, iPad, and Mac with Apple Silicon).

The app operates on a freemium model, offering a pro subscription for unlimited scans, product information access, and an ad-free experience. 70% of revenue is from subscription and IAP and 30% is from advertising.

Highlights & Key Assets:
o 4.7 Stars with 663K ratings.
o 7 years of history.
o 280K+ downloads/month.
o High-Quality UI: User-friendly interface with organized folders and scan history.
o Robust Feature Set: Supports multiple code types and offers detailed information.
o Subscription Revenue: Offers pro subscriptions with various durations.
o Retention: Features like scan history and batch scanning encourage repeated use.
o Organic Downloads: High App Store rating (4.7/5) generating strong organic growth.
o Minimal Time Commitment: The app functions autonomously with minimal user intervention.
o Expanding Niche: Growing demand for QR code utilities in various industries.
o Multilingual Support: Available in over 20 languages, catering to a global audience.
o App is built in Swift (mostly UIKit, some SwiftUI parts).
o No heavy backend, only one small feature built in PHP.

Support & Training

The seller and their team will provide transition assistance and training. They are open to discussing the time period depending on your needs.

Reason for Selling:

The company is choosing to sell this app to focus on other strategic projects. While the app continues to perform well and serves a growing market, internal resources and development efforts are being redirected toward new initiatives that better align with the company’s long-term vision. This presents an excellent opportunity for a new owner to capitalize on an established, revenue-generating asset in a high-demand niche. The sellers are willing to sign a non-compete for this niche market.