When you ask potential business buyers what they are looking for in a business acquisition, almost everyone says that they are looking for a digital product with a recurring revenue model and little to no staff. Well here you go. This Data Backup SaaS business fits the bill.
Like a lot of entrepreneurs, they were looking to start a business with a recurring revenue model. Launched in October 2013, this data backup service business was started after experiencing what could have been a catastrophic loss of data. Although their data was saved because they backed up their information frequently, they realized that many people were still vulnerable to not only losing
their data, but their memories, so they decided that they might be on to something.
Now, after several years of heavy investing and dialing in their paid marketing channels, they have started to generate significant recurring revenue with the business. However, they recently came up with another exciting idea, and they want to free up some capital to focus on that. This could be the perfect opportunity for someone to come in, take over, and take this business to the next level.
Sale Pending: No
First Seen: Sat, Apr 7th 2018
Last Updated: Tue, Nov 13th 2018