$15.8K Per Month SaaS Site in the Business Niche
Asking 1.4x annual profit. Comparable SaaS businesses sell around 3.2x (1.8 to 4.6x, 270 comps). Priced 56% below the median.
- Monthly revenue
- $15,785
- Monthly expenses
- $1,707
- Monthly net profit
- $14,078
- Profit margin
- +89%
- Revenue trend
- -16%
- Users trend
- -44%
- Monetization
- SaaS
- Niche
- Business
- Hours / week
- 1
- Days on market
- 92
- Business location
- US
Summary
This listing is for a SaaS Shopify App, started in November 2018 in the business niche. The app helps optimize the checkout process for store owners. Currently, around 99% of the subscribers for this app are on the monthly plan, with 1% on yearly. The well-established app has a 4.1-star rating on the Shopify App Store. The business includes an email list with 25k subscribers and requires just 4 hours of work per week. This SaaS business sees a churn rate of around 17.5% - the seller believes that a "higher" churn rate is common for Shopify. In addition, the app's target demographic is towards "newer" stores which may be a contributing factor to higher churn. Notably, this business gains customers via word of mouth and Shopify App Store rankings, with currently no paid advertising. Note: This business earns via Stripe and Shopify payments. The Buyer will be required to have a legal entity in the country where the Stripe account is located to purchase the business.
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.