Back to Listings SaaS Application Management Platform for Grant & Scholarship Programs

Asking Price : $115,000

Annual Gross Revenue : $52,467

Annual Net Profit : $44,395

Profit Multiple : x2.59

Inventory Value: -

R-Index : 141

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From the Broker

Established 8-year-old online SAAS application platform for scholarship and grant programs. Offers all the functionality needed for a non-technical company to fully manage the application process. The business has a very strong long-term customer base with recurring revenue (avg length 5.16 years). Strong keyword rich domain name with an average order size over $3,700. Business could be run with 1 part-time owner working 15-20 hours per week. Business can be run from any location in the world with high speed internet access and a computer.

Strong growth opportunities include: paid marketing campaigns, creation of an aggressive email marketing campaign, PR campaign, Investment into an SEO program, platform expansion to additional markets, etc. The business provides new owner(s) with a complete turn-key business. The seller will provide strong transitional support to new owner(s) to ensure that the new owners feel totally comfortable with operation of the business. Owner is selling to focus on core business.

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Sale Pending: Yes

First Seen: Thu, Dec 6th 2018

Last Updated: Mon, Mar 18th 2019


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