Back to Listings Real Estate SaaS Business with Low Workload and 74% Margins

Asking Price : $525,000

Annual Gross Revenue : $277,635

Annual Net Profit : $206,737

Profit Multiple : x2.54

Inventory Value: N/A

R-Index : 143

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From the Broker

Started in mid-2018, this real estate SaaS business provides a unique service to real estate agents and brokers. The founders are real estate agents who were looking for ways to give themselves an edge in a crowded field, but they soon realized that they could leverage their idea and earn more money with it as a SaaS business than they could by using it on their own.

Being a digital service, the business requires no inventory and could be operated from anywhere in the world with a dependable phone and internet connection. The owners work minimal hours, and with minimal overhead, the business boasts a 74% profit margin for the trailing twelve months. Once a new subscriber has been onboarded, the income from that subscription becomes nearly passive. With a reported 2,000,000+ real estate agents in the US looking to differentiate themselves from their peers, the owners believe that with additional marketing, the business could grow significantly.

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Listed By

Sale Pending: No

First Seen: Tue, Nov 12th 2019

Last Updated: Wed, Jan 1st 2020

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