$3.1K Per Month Subscription Business in the Legal Niche
Asking 3.7x annual profit. Comparable Other businesses sell around 2.6x (2 to 3.3x, 172 comps). Priced 41% above the median.
- Monthly revenue
- $3,142
- Monthly expenses
- $109
- Monthly net profit
- $3,032
- Profit margin
- +96%
- Revenue trend
- +23%
- Users trend
- +66%
- Monetization
- Subscription, SaaS
- Niche
- Legal
- Hours / week
- 1
- Days on market
- 17
- Business location
- US
Summary
This listing is for a subscription/SaaS business in the legal niche. The business has free + paid tiers. There are over 22,000 members and currently over 160 subscribers - most on annual recurring plans. The business can be described as a "directory style" business, with professionals in the legal niche paying for profiles on the site. Overall, this business is steady/increasing year-over-year with the significant benefit of recurring revenue, making this an easy-to-grow business for a new owner. The seller notes that this is a very passive business with little to no owner input. The hosting was purchased on a "lifetime" plan, making it effectively free to run with no yearly costs. There is currently no paid advertising, and the majority of customers are agencies helping their legal clients get listed in directories / get more clients.
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.