This Software-as-a-Service (SaaS) Internet company provides detailed auction listings to auction goers via a highly sought-after recurring revenue - subscription service modeling via its primary website. This business 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 an email database of 180,000 users, Net Operating Margins of 55%, and over 3,000 recurring subscribers (and growing), 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.
Operated out of a small East Coast office and with low-to-no overhead, this company can easily and 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. There are immediately available scale opportunities, including auto auctions, estate sales, police auctions, and so much more ready for this company!
Business Listed by:
Technology & Internet Business Brokers
Sale Pending: No
First Seen: Wed, Oct 25th 2017
Last Updated: Wed, May 30th 2018