This listing is for a SaaS business created in January 2012 in the music niche. The service provides subscribers with specific information related to the music industry. All traffic to the site is organic, which leaves many avenues for expansion. Since owning the business, the Seller has had stable earnings, reduced the work required, and increased subscriptions.
Many basic tasks such as password resets and account cancellations have been coded and automated to reduce the work needed for the business. Roughly 30 minutes a week is used to answer customer service emails, occasionally update the database and to administer the payment gateway.
A Facebook page, Instagram profile, Twitter profile, and an email list of 4000 members are not currently being used by the Seller. This is an opportunity for growth for the Buyer, as this niche thrives on social media. The seller also feels there are opportunities to make the site subscriptions stickier. If average subscription length expands even a little, there would be attractive income growth without introducing new traffic to the site.
Average Monthly Revenue: $1,726
Average Monthly Expenses: $283
Average Monthly Net Profit: $1,443
* We are using the last 12 months to determine the averages.
Assets Included in Sale
Included in the sale of the business:
The Seller spends about half an hour a week on answering customer service email, occasionally updating the database and administering Stripe.
Many basic items such as password resets and account cancellations have been coded and automated by the Seller.
Reason for Sale
The Seller is looking to sell the business so that they can focus more on a different business and the Seller no longer has time to grow the site further.
Sale Pending: No
First Seen: Mon, Apr 30th 2018
Last Updated: Thu, May 10th 2018