Back to Listings Freemium Model 2,000,000 Professional Member Network (SaaS) with 66% YOY Growth

Asking Price : $2,594,000

Annual Gross Revenue : $1,187,200

Annual Net Profit : $740,998

Profit Multiple : x3.50

Inventory Value: -

R-Index : 111

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From the Broker

This business is a 2,000,000 member network that connects professionals for sales leads, employment, networking, and the recently launched dating channel. The freemium model software-as-a-service (SaaS) platform utilizes a unique matching algorithm to connect users based on variables they are looking for and is the first professional discovery application designed to bring professionals together around real business opportunities. Launched in 2014, the platform has quickly gained traction through email marketing, leveraging the contacts of its users to invite others to join the network. This business has grown 66% in YOY net profit and amassed over 2,000,000 members with a strong recurring monthly income.

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Sale Pending: Yes

First Seen: Thu, Feb 22nd 2018

Last Updated: Sun, Mar 11th 2018

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