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Business, Digital Media

#60356
For Sale
Verified

Business, Digital Media

SaaS
Listing Price $214,162
Monthly Multiple 52x
Pricing Periods 12 Months
Avg. Monthly Profit $4,118
Avg. Monthly Revenue $5,522
Profit Margin 75%

Business Started

6th of July, 2019
(3 years 4 months old)

Assets Included in the Sale

  • Primary domain including all site content and files
  • Secondary domain including all site content and files
  • Shopify Partner account
  • Facebook account
  • Upwork writer contact
  • Source code
  • Code documentation
  • List of keywords
  • Supplier relationships
Listing Details

This listing is for a SaaS business created in July 2019 in the business and digital media niches. Built on PHP, Codeigniter, Node JS, AWS Perspective, Lamda, and Event bridge, the Shopify app helps sellers streamline and sync payments. The app has received excellent reviews and has an average rating of 4.9 stars.

The business currently has 600+ paying subscribers across three subscription tiers. The average LTV of each customer is $29.81, with annual recurring revenue of $61K, and a churn rate of 15%. PHP, Codeigniter, and Node JS expertise are required to maintain the app and launch new features.

The Sellers recently removed the free plan and made all plans paid from the 3rd March 2022. Since then they got 100 new people on the paid plan. Old users on the free plan were grandfathered in and don't have to pay.

The Sellers state that the feature generating all of the revenue does not require more than 10 hours a week of work. Currently, a new feature is being built and integrated which requires 40 hours of work a week. This new feature is in Beta and could be a growth opportunity for a new owner to take advantage of.

The primary sources of traffic are display (66.18%), direct (16.41%), and other (6.81%). The top three countries driving traffic are India (23.61%), Morocco (6.15%), and Pakistan (5.35%). The top three pages make up 47.83%, 9.57%, and 9.38% of the total traffic respectively.

The app gets most of its installations from the App Store (40%), word of mouth (14%), and ads (10%).

*Due to an unintentional breach of Shopify terms, all of the app's reviews were removed in early 2021.

Earnings
Gross Revenue
Net Profit
Last Month
6 Months
12 Months
All time
Site Traffic
Page Views
Unique Users
Last Month
6 Months
12 Months
All time
Ahrefs Analytical Data
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What would you offer for this listing?

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Verified Sellers & Vetted Data

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  • Revenue
  • Visitors / Traffic
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Seller Questions & Answers
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Opportunities
  • Improving customer notifications
  • Implementing courier integration
  • Expanding to other platforms like Bigcommerce, Magento, and Woo-commerce
Risks
  • Due to constant changes in technology, competition and the market as a whole, the software could become irrelevant.
Work & Skills Required
  • Fixing bugs, optimizing & implementing features
  • Brainstorming strategies to increase reviews
  • Attending to customer service
  • Creating and optimizing Google and Facebook Ads
Seller Support Includes

The Sellers are willing to offer 30 days of email, Slack, and call support to ensure a smooth transition of the sale. The Sellers are also willing to assign a chat agent to assist the buyer to solve customer service tickets.

Reason for Sale

The Sellers would like to focus on other opportunities.

Other Information

Work Required Per Week: 10 Hours

Private Blog Network (PBN): No

Domain Type: .com

Platform: Shopify

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