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Asking Price
$1,650,000
5-hr / week SaaS App Development Business
(non-technical owner)
Asking Price:
$1,650,000
Cash Flow:
$265,516
Listing No:
2088260
Gross Revenue:
$335,449
FF&E:
$2,500
Base Rent:
Year Established:
2016
Inventory:
5 hr / week, high cash flow, low overhead ARR SaaS business.
This is an incredible opportunity to own a well-known app developer on the Clover POS system. The Company is built on a recurring-revenue, subscription-based business model. Predictable revenue averaging $24,000 comes in monthly. The growth potential is huge and cash flow margins average 76%!!
The non-technical Seller works 3-5 hours per week and uses 1099 developers. This is a no technical experience needed, low-overhead, high-cash business!!
Business Details
Location: Santa Clara County, CA
Employees: 1
Home Based: Yes
Reason for Selling: With limited marketing experience, the owner has done as much as he believes he can.
Furniture, Fixtures & Equipment (FF&E): Included in asking price.
Facilities: Virtual / remote / home-based business. Sale includes Clover testing units.
Competition: On the Clover POS and Shopify markets, other development companies are considered competitors, but not necessarily direct competitors. There are roughly 70 – 80 companies that have apps on the Clover App Market, but the business is one of the largest by the number of apps. Some of our apps have competition, but most of the highest revenue-generating ones do not.
Growth & Expansion: No marketing or SEO up to this point. Marketing and SEO would improve performance. The userbase has been acquired solely by apps being listed in the app stores. Even minimal marketing efforts could produce significant results. Updating the App Market listings with better descriptions, graphics, and videos would also be helpful. Additionally, minor enhancements to some existing apps could also provide a bump in user growth. Increasing the number of apps available on Shopify could also drive revenues, as well as expanding beyond Clover and Shopify.
Financing: Seller will consider financing terms for a well-qualified buyer.
Support & Training: Up to 40 hours within the first 30 days for training and support. Additional 2 hrs per week for 8 weeks after the initial 30 days.