Updated: Fast-Growing, Highly Profitable SaaS for Real Estate Brokers

Los Angeles County, CA (Relocatable)

Updated: Fast-Growing, Highly Profitable SaaS for Real Estate Brokers
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Asking Price: Get Financing: $1,250,000

Cash Flow: $440,000

Gross Revenue: $560,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2017

Updated: Fast-Growing, Highly Profitable SaaS for Real Estate Brokers

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Business Description

$560k+ ARR, low overhead, stable, growing 20%/mo

Extremely fast-growing SaaS software designed to automate the main functions of real estate brokers. This market is massive (18,000 in the US alone who manage 100 agents or more), and only growing as brokers spend on technology to automate their businesses and compete with tech alternatives for home selling and buying.

The target offers high value subscriptions ($3,000-4,000/year), offering Recurring Revenue on both Annual and Monthly subscriptions sold by office, serving 100+ real estate broker offices.

Expansion opportunities are significant, by either selling directly to real estate brokerages, or expanding into services offered to agents (the platform already has 50,000 agents ready to be up-sold).

Detailed Information

Employees:
1
Facilities:
Home Based
Competition:
Massive market of 18,000+ real estate brokers who manage 100 or more real estate agents. Each broker spends thousands per month (and growing fast) on software to automate their businesses and compete with the new technology companies like Redfin and Compass.
Growth & Expansion:
Conservative continued growth projections show the target at $1MM ARR by end of year. Huge opportunities to expand sales via volume sales/partnerships with large brokerages, and to expand product offering, upsell to 50k agent users.
Financing:
Cash preferred, will consider seller financing
Home-Based:
This business is Home-Based
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Business Listed By:
Not Disclosed


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