Back to Listings Internet Subscription Service for Storage Unit Auctions

Asking Price : $990,000

Annual Gross Revenue : $401,000

Annual Net Profit : $233,000

Profit Multiple : x4.25

Inventory Value: -

R-Index : 96

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From the Broker

This business provides detailed auction listings to auction goers via a highly sought-after recurring revenue, subscription service, Software-as-a-Service (SaaS) model via its primary website. This Internet Company operates in the large and growing storage unit auction market, collecting auction data on over 51,000 storage facilities on a constant basis. Founded in 2011 after it was realized that no other provider was servicing this segment, this business has dominated this market as the premier provider of auction listing data, with Over 15 Million Auction listings to date.

With over 3,000 recurring subscribers (and growing), an email database of 180,000 users and Net Operating Margins of 55%, this company is a turn-key opportunity for any investor looking to get into the eCommerce space, or one looking to bolt on an industry leader in a niche segment.

The company is operated out of a small East Coast office, with low-to-no overhead. It can be seamlessly transferred to a new owner with zero interruption, and business operations can easily be trained without a difficult learning curve. It is a highly automated business that can be managed with complete control from any location with internet access. The Company also possesses a large number of immediately available scale opportunities, including auto auctions, estate sales, police auctions, and so much more.

Business Listed by:

Technology & Internet Business Brokers

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Sale Pending: No

First Seen: Tue, Aug 22nd 2017

Last Updated: Wed, May 30th 2018

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