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Mobile App Investment Opportunity in Zagreb, Croatia

Company that has developed AI fitness mobile application with 50+ downloads on the App Store.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Zagreb
Local Time 3:36 PM Europe / Zagreb
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 130 thousand for 30.0% stake (Native Currency: EUR 120,000)
Reason: We aim to increase user engagement with our app while continuing to advance and refine our product.
Includes physical assets worth USD 2.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Presently, our app has garnered around 50 downloads, and we have initiated marketing efforts on Facebook and Instagram.

- As mentioned earlier, the app is currently available for free. Planning to generate revenue by charging platform fees.

- Our objective is to channel investments into further developing the app to achieve a fully-fledged tool and platform dedicated to health and fitness preservation and enhancement.

- Additionally, we aim to allocate financial resources toward branding to maximize our reach and connect with a broader audience.

Products & Services Overview

At present, our application is available for free as we aim to build a robust user base. The cornerstone of our app is personalized workout programs created by an AI algorithm that is detailed exclusively based on scientific literature and enables an unlimited number of exercise programs.

Assets Overview

Application software and business with office equipment and desktops.

Facilities Overview

We have a small office in a house. It is a home based office.

Capitalization Overview

As the founder and originator of the idea, we have personally contributed EUR 25,000 towards the development, including the creation of the algorithm.

Additionally, an investor showed faith in the concept early on by investing EUR 25,000 when the application was still in its conceptual stage.

No loan under this business.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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