Flippa
FOR SALE
Business Name

Confidential

Business Model
SaaS
Industry
Internet

$675,000

Asking Price
Multiple 8.6x

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A two-sided platform for teams selling their (development)capacity to customers in weekly sprints. Customers get budget flexibility while working with long lasting teams.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Netherlands
Date of Founding
2015
Full-Time Staff
1 to 10
Annual Revenue
$798,200
Annual Expenses
$719,797
Annual Net Profit
$78,403
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $76,164 $78,772 $84,261
Expenses $55,000 $57,000 $60,000
Net Profit $21,164 $21,772 $24,261
Month March 2019 April 2019 May 2019
Pageviews 1,869 1,900 1,542
Users 397 393 335

Note: Traffic data was provided on May 26, 2019. Enquire for more recent data.

Business Description

We want to re-invent outsourcing by providing companies and startup founders with top-notch high-performance teams. For product owners, working with multiple, disconnected freelancers can be taxing. For freelancers, going solo can be lonely and – well, let’s face it – boring. We believe that freelancers can form tribes to collaborate on projects and share their revenues. This works well for clients, who are looking for teams that can work together effectively and get started as quickly as possible.

How does your business make money?

The business makes money from selling high-performance developer teams to companies that need extra hands.

Why should someone buy this business?

It's a profitable business with repeating customers that need high-end innovative software solutions and are located in areas where on-site software developers are hard to find and expensive (>€100/h.
This business is low maintenance - effective processes are in place and working.
High LTV = 75k USD. CAC (sales) = 2.5k USD.

How can the future owner improve this business?

The remote software market is ~100billion in size. Focusing on only one city in a hotspot should give enough potential to at least triple the size of the business. Setting up sales teams for multiple locations offers plenty of room to scale up.

Why are you selling this business?

We are looking to free up capital.

Business Strengths

  • Customer Service
  • Evergreen Niche
  • Lots of Repeat Customers
  • Low Time Commitment Required
  • Strong Recuring Revenue

Opportunities for a new owner

  • Start Selling into New Markets

Key day-to-day operations

  • Managing Staff
  • Customer Support / Service
  • Supplier Relationship Management
  • Order Fulfilment
  • Content marketing

Marketing

  • Email Marketing
  • SEO
  • Word of Mouth

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Marketing materials and collateral
  • Registered trademarks
  • Relevant email accounts
  • Website files, source code and content

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

Confidential

Lithuania