How to Build an App Business You Can Exit
Who we are • FE International was founded in 2010 • Broker the sale of online businesses • 100% self-funded to date • Eight figures in completed deals • Year on year growth 2010 2014
“Looks can be deceiving” Support Complexity Diversity Owner Responsibility
Proactive vs. Reactive Losing $500K in a Day
The unsellable business Volume Support Support Debt Sales Age of Business
Rational investors won ’ t pay for ‘ known ’ potential
A few lessons from successful sales Known metrics Site 1 Stable or growing MRR $680K Evergreen niche Site 2 Site 3 $209K $149K Track record Helpful owner
What does the average buyer want? Month-on-month increasing MRR Upwardly trending niche Outsourced support Documented production roadmaps/codebase Transferability
Okay, okay. Just tell me what it is worth… Recurring Subscription Buyer Demand One Time Software iPhone/Android? Multiple of SDE
Wrap up Insurance policy (hope you don’t need it) Proactivity is key Recurring beats one-time
Thanks for Listening Q&A Session Email: thomas@feinternational.com @ThomasSmale Website: www.feinternational.com Slides : www.feinternational.com/microconfeurope
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