SaaS Business in Fitness Niche with $300K ARR & 26% YoY Growth
| Asking Price: | $680,000 |
| Gross Revenue: | $268,954 |
| Cash Flow: | $174,555 |
| Established Year: | 2017 |
This opportunity is an efficiently run, cutting-edge online SaaS platform with branded software targeted to businesses in the fitness niche. Leveraging their expert knowledge in technology, the business has developed popular and powerful integrations for 3 major fitness POS providers that allow fitness studios to increase sales and reduce expenses by automating payroll reporting, processing late cancel & no show fees, and improving class waitlists.
Sales are generated through their website as well as customer and partner referrals with 100% recurring revenue from a subscription model with 400+ boutique fitness locations. The business is successfully run by two owners, one working approx. 5-10 hours per week focusing on admin, sales, product development and customer support and the second working approx. 10 hours per month as the developer and system maintenance.
The business provides a unique opportunity to easily enter and scale in any niche profitably with their user-friendly interface software. They have been experiencing strong YoY growth with profits up 26% for Jan-Feb 2024 over the same period in 2023!
Key Benefits
-Strong YoY Sales & Profit Growth - Jan / Feb 2024 income and profits up 26% over Jan / Feb 2023
-Lean Business Operations With 65% Profit Margins
-Free to paid conversion rate is over 90%
-Extremely low churn
-Strong relationships with 400+ boutique fitness locations
-Excellent customer feedback – Customers love the product!
-Opportunity to increase scope and scale of business with new products for existing customers
-Potential to expand integration with new POS platforms
-Huge opportunity for growth through marketing
