$10.9K Per Month SaaS Business in the Business Niche
Asking 3.8x annual profit. Comparable SaaS businesses sell around 3.2x (1.8 to 4.6x, 270 comps). Priced 17% above the median.
- Monthly revenue
- $10,852
- Monthly expenses
- $2,400
- Monthly net profit
- $8,451
- Profit margin
- +78%
- Revenue trend
- -16%
- Users trend
- -16%
- Monetization
- SaaS
- Niche
- Business
- Hours / week
- 8
- Days on market
- 98
- Business location
- US
Summary
Launched in February 2014, this SaaS consists of a portfolio of 7 WordPress plugins plus an additional 15 add-ons. Among its flagship offerings is a WordPress Project Management System, along with several plugins designed to enhance a popular course creation tool, enabling easier customization without the need for coding. The business model boasts several positives, including a relatively low churn rate of 3.5%, indicating steady customer retention, and an impressive Lifetime Value (LTV) of $140 per customer. Additionally, the operation requires minimal oversight from the seller, who spends about 8 hours per week on customer service tasks, supported by a part-time customer support freelancer and a developer for bug fixes and customizations. Revenue is derived from yearly subscription fees from its roughly 2,000 active subscribers. The streamlined operation, coupled with a solid product lineup and a dedicated customer base, positions the business well for potential growth, especially if expanded marketing efforts are introduced. Currently, the only form of marketing\ carried out is the use of some affiliates promoting the plugins. *The SaaS metrics are taken from the Stripe sales only which accounts for roughly 67% of total revenue.
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.