$7.3K Per Month Application Site in the Business Niche
Asking 3.2x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 6% above the median.
- Monthly revenue
- $7,314
- Monthly expenses
- $3,002
- Monthly net profit
- $4,311
- Profit margin
- +59%
- Revenue trend
- -8%
- Monetization
- Application
- Niche
- Business, Retail & Wholesale
- Hours / week
- 5
- Days on market
- 64
- Business location
- US
Summary
This listing is for a SaaS application created in October 2019 in the business and retail niches. The application is an integration for a major eCommerce platform, designed to enhance average order values by offering additional price-sensitive product suggestions during and after the initial purchase. The application boasts additional features including A/B testing, analytics, and strong compatibility and customization options. The application has glowing reviews from its users, with an average rating of 4.7 stars out of 5. The established SaaS business has realized highly consistent month-to-month revenues and has around 180 customers currently. The business requires minimal marketing expenses, in part due to its privileged position within the ecosystem of this eCommerce platform (only 2 direct competitors), allowing most customers to be acquired directly from the eCommerce platform. The US business is highly passive, with the owner currently working 5 hours per week, mainly doing customer service and managing its two developers.
Reason for sale
The seller would like to explore other opportunities.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.