Flippa
FOR SALE
Business Name

Howgorithm

Business Model
SaaS
Industry
Education

$3,500

Asking Price
Rapid flowchart maker & searchable flowchart library
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
2017
Full-Time Staff
Owner Operated
Annual Revenue
$0
Annual Expenses
$1,936
Annual Net Profit
-$1,936
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month June 2019 July 2019 August 2019
Revenue $0 $0 $0
Expenses $40 $40 $40
Net Profit -$40 -$40 -$40
Month July 2019 August 2019 September 2019
Pageviews 32 101 12
Users 14 29 6

Note: Traffic data was provided on 07 September 2019. Enquire for more recent data.

Business Description

1)Provides web app that makes modern-looking flowcharts fast
2)store/share flowcharts with friends/coworkers
3)research processes

Intent was to create a crowd-sourced library for how-to processes in flowchart format.

How does your business make money?

We offer premium subscriptions to our software for $6 per month.

Premium subscriptions include:
-ability to keep flowcharts private
-ability to export to pdf
-premium templates
-no logo on flowcharts

Why should someone buy this business?

Howgorithm has massive potential as the slideshare for flowcharts.

It has a fully working product, just needs to be optimized and marketed.

Why are you selling this business?

I and my 2 co-founders each have full-time jobs and young families and just don't have the spare time. When we launched Howgorithm, all of our kids were much younger and require less involvement. They've now gotten a bit older, are now in school and our spouses need more support. We're also extremely tired and need better life balance. Why didn't we do Howgorithm full-time? We wanted significant traction before we took the leap, and it never happened, likely due to lack of marketing & unclear focus on business model. All founders also recognized that we needed to push out a version 2 of our software which would have required raising another $10-$20k. Since none of us had bandwidth to execute, we didn't feel comfortable asking for more funds from our investors.

Business Strengths

  • High Barrier of Entry to Market
  • High levels of Automation
  • Passive Revenue
  • Scalable Business Model
  • Overall Market Size

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Programming / Development
  • Content marketing

Marketing

  • Email Marketing
  • Google Adwords
  • SEO

Assets

  • Brand assets
  • Custom technology
  • Domains
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content
  • Google Adwords

Social Media

Facebook
110 followers
Twitter
100 followers

Post sale support

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

Included

About the Seller

Jeremy Deaver

Verified Account

United States

Hospital administrator/entrepreneur in Greensboro, NC. Husband & father of 4. NC State alumni

Contact