$39K Per Month SaaS site in the Business Niche

Wilmington, DE (New Castle County) (Relocatable)

Seller Financing Available
$39K Per Month SaaS site in the Business Niche
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Asking Price: $1,494,109

Cash Flow: $23,345

Gross Revenue: $39,070

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2007

$39K Per Month SaaS site in the Business Niche

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Business Description

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.

Detailed Information

Location:
Wilmington, DE
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Facilities:
Domain, subdomains, and all site content/files Social media accounts Email list (Home Based)
Growth & Expansion:
Exploring advertising on the platform Introducing commissions to the platform (currently in development) Engaging with the community and platform at events Expanding to global markets (outside North America) where the platform receives interest, but has not focused on Eliminating short-term subscriptions
Financing:
Seller may be open to seller financing.
Support & Training:
The Seller is willing to provide 30-60 days of support to ensure a smooth transition.
Reason for Selling:
The Seller is looking to devote more time to another business in start-up mode.
Home-Based:
This business is Home-Based
Business Website:
http://empireflippers.com/listing/46538
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Empire Flippers

Business Listed By:
Justin Cooke

Empire Flippers

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