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.
July, 2019 - (3 years 1 months old)
Included in the sale of this business are:
This listing does not have any traffic data to show.
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Email firstname.lastname@example.org to make a unique offer on this listing.
The Seller currently spends around 10 hours per week:
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.
The Sellers would like to focus on other opportunities.
Work Required Per Week: 10 Hours
Private Blog Network (PBN): No
Domain Types: .com
Answered by the Seller
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