Back to Listings $39.1K Per Month SaaS Site in the Business Niche

Asking Price : $1,494,109

Annual Gross Revenue : $468,840

Annual Net Profit : $280,140

Profit Multiple : x5.33

Inventory Value: N/A

R-Index : 81

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From the Broker

This listing is for a SaaS business created in January 2009 in the business niche. The platform provides individuals and companies with a way to find and connect with each other to pursue certain opportunities. The business has a nice social media presence, large email list, and a virtual team of employees to reduce the Seller's time working.

A large portion of active customers include the biggest names in sports and entertainment including major sports teams, leagues, venues, the Academy Awards, South by Southwest, Live Nation, iHeartMedia, and Cirque du Soleil to name a few.

New customers are primarily acquired through Google ads, Facebook ads (retargeting and keyword), social media, and word-of-mouth. With that being said, the site gets over 80% of its traffic from organic search. About 62% of total traffic comes from the US. Content is published daily and mostly outsourced.

There are about 25k social media followers spread across Twitter, LinkedIn, and Facebook. The email list includes about 60k sign-ups, with about 1,000 of them subscribed to receive daily content emails.

The virtual team is made up of a project manager, developer, salesperson, and a content manager. Their involvement keeps the Seller's hours spent on the business to between 10 and 20 hours per week

One of the key growth opportunities would be to monetize the existing customer base with marketplace commissions or advertising. This can lead to generating multiple revenue streams directly from the platform.

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Sale Pending: No

First Seen: Mon, Sep 9th 2019

Last Updated: Thu, Sep 12th 2019


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