Python Flask as Windows Service

I am trying to get a Flask app to run as a Service in Windows. I have already tried to implement a solution as suggested here and here without success.

I have a simple folder with just two files:

Project
 |
 +-- myapp.py   
 +-- win32_service.py

Inside myapp.py is a simple Flask app:

from flask import Flask

app = Flask(__name__)

@app.route('/')
def hello_world():
    return 'Hello, World!'

And the service skeleton win32_service.py:

import win32serviceutil
import win32service
import win32event
import win32evtlogutil
import servicemanager
import socket
import time
import logging
import os
import sys

sys.path.append(os.path.dirname(__name__))

from myapp import app

logging.basicConfig(
    filename = r'c:\tmp\flask-service.log',
    level = logging.DEBUG, 
    format = '[flaskapp] %(levelname)-7.7s %(message)s'
)

class HelloFlaskSvc (win32serviceutil.ServiceFramework):
    _svc_name_ = "FlaskApp"
    _svc_display_name_ = "FlaskApp Service"

    def __init__(self, *args):
        win32serviceutil.ServiceFramework.__init__(self, *args)
        self.hWaitStop = win32event.CreateEvent(None,0,0,None)
        socket.setdefaulttimeout(5)
        self.stop_requested = False

    def SvcStop(self):
        self.ReportServiceStatus(win32service.SERVICE_STOP_PENDING)
        win32event.SetEvent(self.hWaitStop)
        self.ReportServiceStatus(win32service.SERVICE_STOPPED)
        logging.info('Stopped service ...')
        self.stop_requested = True

    def SvcDoRun(self):
        servicemanager.LogMsg(
            servicemanager.EVENTLOG_INFORMATION_TYPE,
            servicemanager.PYS_SERVICE_STARTED,
            (self._svc_name_,'')
        )

        self.main()

    def main(self):
        app.run(host="127.0.0.1", port=8000)

if __name__ == '__main__':
    if len(sys.argv) == 1:
        servicemanager.Initialize()
        servicemanager.PrepareToHostSingle(HelloFlaskSvc)
        servicemanager.StartServiceCtrlDispatcher()
    else:
        win32serviceutil.HandleCommandLine(HelloFlaskSvc)

I then compiled this to an exe file via pyinstaller using this command:

pyinstaller --onefile --hidden-import win32timezone win32_service.py

I get the compiled exe successfully built. I then proceed to register the service (open cmd with admin privileges):

>>> win32_service.exe install
> Installing service FlaskApp
> Service installed

And I try to start it:

>>> win32_service.exe start
> Starting service FlaskApp

But then nothing happens (no errors). Also if I try to start it from the Task Manager it changes the Status to Starting and then to Stopped.

These are the modules installed in the virtualenv:

altgraph==0.16.1
Click==7.0
Flask==1.0.2
future==0.17.1
itsdangerous==1.1.0
Jinja2==2.10.1
macholib==1.11
MarkupSafe==1.1.1
pefile==2018.8.8
PyInstaller==3.4
pyodbc==4.0.26
pywin32==224
pywin32-ctypes==0.2.0
Werkzeug==0.15.2

What I am missing here? Any help is appreciated.

EDIT

Windows EventViewer shows an error:

The description for Event ID 3 from source FlaskApp cannot be found. Either the component that raises this event is not installed on your local computer or the installation is corrupted. You can install or repair the component on the local computer.

If the event originated on another computer, the display information had to be saved with the event.

The following information was included with the event: 

Traceback (most recent call last):
  File "lib\site-packages\win32\lib\win32serviceutil.py", line 839, in SvcRun
  File "win32_service.py", line 47, in SvcDoRun
  File "win32_service.py", line 50, in main
  File "lib\site-packages\flask\app.py", line 938, in run
  File "lib\site-packages\flask\cli.py", line 629, in show_server_banner
  File "lib\site-packages\click\utils.py", line 260, in echo
SystemError: <built-in method replace of str object at 0x000001E36AD465D0> returned a result with an error set

from Python Flask as Windows Service