Flippa
FOR SALE
Business Name

FaverCRM

Business Model
SaaS
Industry
General Knowledge

$5,000

Asking Price
Multiple 3.0x

+ $0 Inventory

A new CRM tool that has instant communications between customer and staff over text.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Canada
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$1,800
Annual Expenses
$150
Annual Net Profit
$1,650
Profit and Loss
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 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019
Revenue $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150
Expenses $10 $10 $10 $10 $10 $10 $10 $10 $10 $10 $10 $10
Net Profit $140 $140 $140 $140 $140 $140 $140 $140 $140 $140 $140 $140
Month Pageviews Users
October 2018 529 31
November 2018 2,988 78
December 2018 5,456 1,177
January 2019 2,594 245
February 2019 3,257 400
March 2019 1,238 173
April 2019 1,015 210
May 2019 2,802 369
June 2019 1,535 314
July 2019 976 279
August 2019 787 197
September 2019 493 87

Note: Traffic data was provided on 01 October 2019. Enquire for more recent data.

Business Description

A new CRM tool that has instant communications between customer and staff over text.

How does your business make money?

Monthly subscriptions, currently one customer at $149.99 CAD a month -- comes with your purchase.

Why should someone buy this business?

So far I've made $1800 bucks off one customer, they love the software. All you need to do is sell this to other businesses. I've had six almost say yes, but lack the salesmanship to get them to sign.

Why are you selling this business?

Third kid on the way, no time to keep programming this thing. I just can't find the right people to help me. I know the product is solid, I'm a great coder and ideas guy -- but lack the skills to grow this into a huge business.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • High Profit Margins
  • Passive Revenue
  • Strong Recuring Revenue

Opportunities for a new owner

  • Introduce Further Revenue Streams
  • Improve Customer Service
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Bookkeeping
  • Supplier Relationship Management
  • Order Fulfilment
  • Programming / Development

Marketing

  • Facebook Advertising
  • Google Adwords
  • SEO

Inventory

Units
0
Value
$0

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Toll-free numbers
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
0 followers
Twitter
0 followers
Instagram
0 followers

Post sale support

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

Included

About the Seller

Faver CRM

Verified Account

United States

Senior software engineer for a large Canadian company.

Contact