SaaS Hong Kong verified NEW

AI-powered recipes and meal plans platform with over 820k users and more than 1.2M recipes generated

Asking price
$80,000
Revenue
$22,000
Profit
$13,700
Growth
53%
Churn
5-10%
Customers
251-500

Description

A first-to-market, fully automated solution that personalizes meal planning and reduces food waste using advanced AI. Built and operated by a solo founder, the platform has quickly grown into a category leader with high user engagement and low operational costs. ✅ Smart Recipe Generation – Creates personalized recipes based on user preferences and available ingredients ✅ Tailored Meal Planning – Offers macro-targeted recipes, curated beverage pairings, and daily meal plans ✅ Food Waste Reduction – Recommends recipes using leftover or soon-to-expire ingredients ✅ Diverse Revenue Streams – Monetized through SaaS subscriptions, B2B API services, affiliate partnerships, and ad revenue ✅ Global User Base – Popular in the USA, India, Brazil, and the UK with broad appeal across casual and dedicated users ✅ First-to-Market Advantage – Largest user base among AI recipe apps, competing with players like Yummly and SideChef ✅ Fully Automated Operations – Runs on NextJS, React Native, and Firebase with Stripe and RevenueCat handling payments ✅ Low Maintenance & High Efficiency – Founder spends only 5 hours/week managing product, marketing, and support ✅ Strong SEO Performance – 99% of traffic is organic, driven by optimized content with minimal ad spend ✅ Scalable Growth Potential – Untapped marketing opportunities via influencers and targeted ads in high-traffic regions ✅ Healthy Financials – $700K+ in mobile subscription revenue, profitable operations, and minimal overhead costs ✅ Cost-Efficient AI Infrastructure – AI model usage subsidized by Azure credits, keeping expenses low

Price history

  1. Oct 10, 2024 $75,000
  2. Oct 17, 2024 $100K
  3. Oct 17, 2024 $100K
  4. Nov 1, 2024 $100K
  5. Apr 21, 2025 $100K

Tech stack

NextJS, Firebase, React Native, AWS SES, Azure

Business model

We generate revenue through four primary streams: B2C Subscription: A monthly subscription fee of $2.99 grants users full access to the app's features. Advertising: Additional revenue is driven by advertising placements within the app. B2B API Service: We provide an API for businesses to integrate its language and image generation capabilities into their own platforms. Affiliate Fees: Partnerships with grocery services allow for affiliate revenue from recipe-linked shopping services. Key Metrics: MRR (March 2025): 1.6k USD Profit Margin: 70% Active Daily Users (DAU): 2,500 active daily users. Registered Users: 1 Million+ registered users. Monthly Traffic: 111,000 users per month, with 99% of the traffic coming organically. Recipes Generated: 1.2 million+ recipes generated. Paying Subscribers: 458 paying users (149 web and 309 mobile). Organic SEO Performance:Over 50,000 monthly organic clicks from 2,000+ AI-generated blog posts targeting long-tail SEO keywords. Domain Authority: 51 Customer Demographics: Strong presence in the USA, India, Brazil, and the UK.

Growth opportunity

Growth Opportunities: Subscription Pricing: Testing Price increase to increase revenues. Paid Marketing Campaigns: Invest more in Google or Facebook Ads to increase visibility in high-conversion regions such as the USA and UK. B2B Partnerships: Further develop the B2B API and seek strategic partnerships in the food, health, and nutrition spaces. Affiliate Expansion: Increase affiliate partnerships with grocery and meal kit services to capitalize on recipe-to-grocery features. Push Notifications: Introduce push notifications to improve user retention and engagement. Influencer Collaborations: Partner with food influencers to further drive brand awareness and credibility. Our platform presents a significant opportunity for a buyer with expertise in scaling tech startups, content marketing, and subscription-based platforms. With established organic growth and a solid technological foundation, a new owner could easily expand the business by leveraging the underutilized marketing channels and pushing forward new revenue streams.

Competitors

LetsFoodie FoodAI SuperCook Kitchen Engineer CookAIfood

Highlights

Brand Website Social media accounts Domain Mobile application Marketing materials Customers Codebase and IP

Reason for sale

Lack of resources to properly scale up.