Flippa
FOR SALE
Business Name

Referagig

Business Model
SaaS
Industry
Business

$125,000

Asking Price
Multiple 6.7x
Employee referral platform (SaaS).
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2013
Full-Time Staff
Owner Operated
Annual Revenue
$19,768
Annual Expenses
$1,000
Annual Net Profit
$18,768
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month March 2019 April 2019 May 2019
Revenue $1,400 $1,400 $1,400
Expenses $200 $200 $200
Net Profit $1,200 $1,200 $1,200
Month April 2019 May 2019 June 2019
Pageviews 576 666 526
Users 319 410 291

Note: Traffic data was provided on June 25, 2019. Enquire for more recent data.

Business Description

Our software allows companies to easily set up and manage their employee referral programs.

How does your business make money?

We make money through subscriptions, integration work and customizations.

Why should someone buy this business?

Brand recognition, existing code base built with modern .Net technology, sales pipeline, current customers.

We're also including our HubSpot instance with our prospect database, Mailchimp account with email marketing campaigns, email identities, etc.

How can the future owner improve this business?

Continue to develop the product, invest in paid search to drive more leads, build partnerships with other recruiting technology vendors

Why are you selling this business?

Founders need to refocus energies on other projects.

Business Strengths

  • Brand and Community Loyalty
  • High Barrier of Entry to Market
  • Low Time Commitment Required

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Develop New Features

Key day-to-day operations

  • Launching New Products
  • Programming / Development

Marketing

  • Email Marketing
  • SEM
  • SEO

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Policy and Process documents
  • Relevant email accounts
  • Social media 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

About the Seller

Scott Weiss

United States

Scott Weiss, President, Makena Partners (IT Staffing and Recruiting firm), Co-Founder, Referagig

Contact