Established 9-year-old recurring revenue cloud-based company offering website portals for HOAs, neighborhoods, condos, townhomes and cooperatives. The company offers a full suite of robust features to support their clients with a completely self-managed non-technical solution.
The business has a very strong long-term customer base with 90% YOY retention rate since the business was started. Average order size is $328. The owner puts in approximately 4-8 hours per week managing the business. Business is currently run from a home office. Strong growth opportunities include paid advertising, investment into SEO, creation of an aggressive email marketing campaign to property management companies, social media expansion and marketing additional products and services to current customer base, platform expansion to additional markets, etc.
Owner will provide strong transitional support based on the specific needs of the buyer and is selling to pursue a new business opportunity.
Sale Pending: Yes
First Seen: Sat, Mar 16th 2019
Last Updated: Thu, Mar 28th 2019