1. Businesses
  2. Information Technology
  3. Tamil Nadu
  4. Chennai
  5. SL004656
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Parent Control Mobile App for Sale in Chennai

Listing ID: SL004656
Posted By: Owner
Last Active: 1+ year ago
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About Business

The business started in May 2017. The company has created the Mobile App which helps you efficient control on mobile phone addiction. This Mobile App allows parents to foster healthy habits and manage their child's screen time using screen time allowance, blocking specific apps and scheduling daily screen time according to a child's daily routine. This Mobile App has feature that parents can receive real-time alerts when their child leave and arrive at home, school or any set zone. The mobile app gets location update every 15 minutes. This App has power to block apps like social media and games too. This Mobile App software has comes with two Mobile Apps one Parent mobile App and Child App. The Parent App which is installed parents mobile and child App which is installed in child's mobile. The Parent mobile App all has control over child mobile App. It has rights like setting child's screen time, Child location, Blocking App, etc. The Parent App can control maximum three Child App which is installed in different child mobile. The company is marketing this Mobile App through schools. The company has already approached 200 schools in Tamil Nadu and many has shown positive response to introduce make it compulsory to for the Parents to make for buy this. This Mobile App can be downloaded from Google Play store. The trial Mobile App can be used 10 days. The licensed App is priced at INR 400 for 400 days. Over 100 free downloads of this Mobile App have already happened and 40 have taken licensed. The company doesn’t have funds for marketing so they are looking for sell. They are opened to Franchises too where they will share 40 percent revenue. The asking price for complete sell is INR 30 lakhs.

Reason

Unable to Raise funds for Marketing

Keywords

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Business Tags

mobile app Parent Control App

₹10 to ₹200 Cr

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Before buying a Parent Control Mobile App for Sale in Chennai, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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