Back to Listings Listing #40987: Software

Asking Price : $376,608

Annual Gross Revenue : $170,052

Annual Net Profit : $136,944

Profit Multiple : x2.75

Inventory Value: -

R-Index : 134

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From the Broker

A software created in October 2014 for ecommerce stores, this business sells an application to help companies efficiently manage inventory and shipping.  The software at the moment can be integrated with all popular ecommerce platforms (Shopify, Amazon FBA, Magento, etc.).  This business has a monthly subscription service, allowing a new owner to take over with a residual income that can be increased by decreasing the churn rate while also optimizing the traffic to sales conversion ratio.

Currently, the seller walks new customers through the software to help make sure they understand how to use it.  There are videos that also explain everything the seller goes over in the call that a customer can watch, but the seller does this to get immediate feedback on the software to continuously improve it.  If the new owner does not wish to continue these 20-30 minute walk through calls, it can easily be outsourced using documented standard operating procedures.

There are developers that have helped code the software and they are usually communicated with via Slack channels, the new owner can continue working with the established developers if they are wanting to grow the software more.

The seller spends on average 3 hours per week with this business:

  • 15 minutes weekly looking over bookkeeping, webmaster tools & analytics
  • 20 minutes daily on weekdays to check emails and follow up with customers to meet customer support expectations
  • Content that is added monthly, which is written based off customer questions

There is a YouTube channel involved with this business, while subscribers are low there is some organic traffic that comes to the website from this platform.

Site Highlights

Assets Inlcuded in Sale

Included in the sale of this business are the domain, site contents, related accounts/certificates, app ownerships, and documentation.

Work/Skills Required

The seller spends about 3 hours per week handling customer walkthrough calls, talking with developers about software improvements, bookkeeping, checking webmaster tools/analytics, and looking over emails to make sure customers are getting fantastic customer support.

Reason for Sale

The seller would like to return focus on their other business to ensure its continued growth.

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Listed By

Sale Pending: No

First Seen: Mon, Jun 12th 2017

Last Updated: Fri, Sep 1st 2017

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