For sale is a B2B SaaS offering in the real estate niche.
Launched in 2012, the business provides a lease analysis software aimed at commercial real estate brokers, landlords and tenants alike. The software allows users to summarize and compare lease alternatives, create lease comparison databases and efficiently share findings across teams.
Monetized via recurring software subscriptions and one-time template sales, driving c.63% and c.37% of revenues respectively, the company has carved out a leadership position in the niche. With strong CLVs averaging c.$530 over the last 12 months and customer churn averaging c.5.2%, the software boasts a notable customer base including Cushman & Wakefield and Colliers.
The business presents a great opportunity for a new owner to take over an established software provider requiring minimal owner input in the lucrative trillion-dollar commercial real estate niche.
Sale Pending: No
First Seen: Wed, Oct 11th 2017
Last Updated: Wed, Nov 22nd 2017