Back to Listings 5+ Year Old SaaS In The Construction Management Niche - Owners Work 4 Hours Per Week

Asking Price : $80,000

Annual Gross Revenue : $46,925

Annual Net Profit : $34,967

Profit Multiple : x2.29

Inventory Value: N/A

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From the Broker

Launched in 2014, this SaaS business offers cloud-based software for general contractors and services-based businesses.

Users find this business through a combination of organic SEO traffic and minimal paid advertising. To get started, a user will start a free self-service 30-day trial to test the software, and then they are asked to upgrade to a paid plan or remain on the limited free plan. Occasionally one of the owners will do brief walkthrough live demo to prospective clients.

The SaaS application is built with Ruby on Rails, JavaScript, and HTML/CSS by two US-based technical co-founders. The owners are serial entrepreneurs with another successful business that they spend the majority of their time on. A new owner with a strong technical background or access to technical resources would have multiple opportunities to grow the business, given the current owners only devote 1 - 2 hours per week on this business mostly on maintenance and customer support.

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Sale Pending: No

First Seen: Sun, Dec 8th 2019

Last Updated: Tue, Dec 17th 2019


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