Mobile App Investment Opportunity in Istanbul, Turkey

- Company has developed a mobile application that offers an easy way to create and attend events.

- The app also offers an easy way to explore everything around the user such as touristic attractions, museums, entertainment places, and anything that might be of interest in each city the user visits.

- The development of the application is complete and was outsourced to a development partner.

- Our apps have already been launched in the App Store and Google Play and have over 5k downloads.

- Revenue model: We are initially not charging any fees during the customer acquisition period. Post acquiring active users, we will charge a subscription fee from users (monthly and quarterly plans) and generate sales through in-app advertising.

- The promoter has self-funded the project so far with USD 110,000 and there has been little to no marketing.

- Business has 1 director and 3 partners with the promoter holding a 70% stake and the rest holding a minority stake. There are no debts or liabilities.

Mobile app for exploring events based on location preference, and discovering new places in the city.

- No tangible assets due to the industry type.

- Intangible assets include mobile applications, company website, brand, and license.

Rented an office space for 6 workers.

- The business is completely funded by the owners and has no debts/loans.

- The business has 4 owners with 1 director having 70% stake and the other partners having the 30%.