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New Meet/find Friends App For Sale

Berlin, Germany
Asking Price:
Under €100K
Sales Revenue:
Under €100K
Cash Flow:
Under €50K

Bored? Meet and find friends spontaneously with one tap!

The world's most spontaneous app for meetups with your friends or just by yourself.


There is a moment of spontaneity; no activity was planned for that particular moment. The regarded person wants to undertake an activity with a friend but doesn't know who's available, and she would be very happy to ask every single friend via WhatsApp or phone call. She opens the app instead, states that she's available by pressing the button, and gets a quick overview of all her friends who have also had some time. Every mobile number that is included in the personal address book is considered a friend.

A mixture of Tinder and WhatsApp with a focus on time and activity.

Need

Got some time and want to make the most of it?

Are you sick of wasting time asking friends if they are available and discussing the venue? Most people love being spontaneous but are rather helpless when trying to be. What are you missing to be spontaneous? Sure, information about who's available at that particular moment and what amazing activity could be done there (without an information overflow that usually keeps us from being really spontaneous)!

Objective

- Lower the barriers to having and enjoying spontaneous moments.
- Connect users and regional partners for suitable venues.

Company Overview:

an emerging technology company that develops and distributes the app. This innovative application revolutionizes the way people spend their leisure time and explore their surroundings. The app enables users to spontaneously meet up with friends and make the most of their available time. based in Berlin, Germany.

Business Case
- a clear vision: to help people make optimal use of their leisure time. The app provides personalized recommendations for activities, events, and places based on individual preferences, location, and time.
- operates on a business model that promotes spontaneous networking among people. The app utilizes location data to offer users relevant and timely content and services. This model is particularly valuable in today's society, where free time is often limited. Thus, it relies on in-app advertising and partnerships with local businesses.

Market and Competitive Advantages

- The market for leisure and event apps is steadily growing. In the age of personalization, people seek tailored experiences.
- The increasing proliferation of smartphones and rising demand for local activities provide a promising growth opportunity.
- Competitors such as Eventbrite, Meetup, and Time Out are established but distinguish themselves through their focus on individual preferences and location.
- The global market for location-based advertising was estimated at $110.29 billion in 2023 and is projected to grow at an annual growth rate of 15.0% during the forecast period (2024–2032).
- positions itself in this growing market by using location data to offer users relevant and timely content and services.
- has a unique competitive advantage over other apps as it enables users to be spontaneous and make optimal use of their time. This sets it apart from many other chat and meetup apps.
- effectively utilizes location data to display relevant advertisements, enabling targeted marketing campaigns for local businesses.
- The global demand for smart advertising services is steadily increasing, and it can establish itself as a key player in this area.

Why Should the Potential Buyer Acquire?

- Innovative technology combines smart algorithms and data to provide users with unique experiences.
- Growth Potential: The market for leisure apps is growing and is poised to capitalize on this trend.
- Customer Benefit: facilitates leisure activities and provides personalized recommendations.
- Personalization: offers unique personalized recommendations that match user interests and current location.
- Time Savings: The app saves time searching for activities and events.
Local Partnerships: Additionally, it has the potential to collaborate with restaurants, museums, theaters, and other local businesses to offer exclusive deals and discounts.
- Growth Potential: The market for leisure apps is growing and is well-positioned to benefit from it.

Agreements and Obligations of the Buyer
- User accounts are part of the transaction.
- The buyer is obligated to:
a. Inform the users about the acquisition and provide them with the opportunity to decide whether they wish to continue using the app (for example, through app updates and revised terms of use) via opt-in.
- The buyer acquires 95% of all company shares. 5% minority shares remain with the sellers.
- The transaction does not include any employees.

What assets are included in the sale?
- domains
- Brand assets (logos, etc)
- Website files
- phone number
- Email address
- Social media accounts
- Trademarks
- Email subscriber list
- Custom technology

Business Operation

Competition / Market:

Market and Competitive Advantages:
• The market for leisure and event apps is steadily growing. In the age of personalization, people seek tailored experiences.
• The increasing proliferation of smartphones and rising demand for local activities provide the business with a promising growth opportunity.
• Competitors such as Eventbrite, Meetup, and Time Out are established, but the company distinguishes itself through its focus on individual preferences and location.
• The global market for location-based advertising was estimated at $110.29 billion in 2023 and is projected to grow at an annual growth rate of 15.0% during the forecast period (2024–2032).
• The company positions itself in this growing market by using location data to offer users relevant and timely content and services.
•The company has a unique competitive advantage over other apps as it enables users to be spontaneous and make optimal use of their time. This sets this company apart from many other chat and meetup apps.
• The company effectively utilizes location data to display relevant advertisements, enabling targeted marketing campaigns for local businesses.
• The global demand for smart advertising services is steadily increasing, and the company can establish itself as a key player in this area.

Reasons for selling:

We have decided to dedicate ourselves to new projects, but we want the business to live on.

Other Information

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.