SBA Pre-Qualified: 12-Year-Old SaaS Business | Owner Works 5 hrs /week

California
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Sale Pending
Asking Price:$3,700,000
Gross Revenue:$890,528
Established Year:2012
Cash Flow:$731,394
EBITDA:$731,394
BUSINESS DESCRIPTION

Launched in 2012, this SaaS business offers an add-on for a popular Adobe software program that dramatically extends what users can do. The vast majority of the revenue comes from recurring annual software subscriptions. Less than 10% of revenue is from over a dozen premium courses on the website. YoY SDE is up 3.6%.

Five part-time team members handle the bulk of the business operations. The team comprises two support staff members, two coders, and one team member who manages sales emails. The owner has only worked 1 hour per day for the last year and a half.

The business is SBA pre-qualified. See the full business summary for complete details.

Note: We recently reduced the price on this business and received a bump in the amount of debt the SBA would provide for this business after the owner completed his 2023 tax returns. Additionally, we had this business under LOI (letter of intent), but it fell through when the buyer was unable to come through with funding, so we’ve put it back on the market.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
5
Competition
There isn't really any competition in this niche.
Growth & Expansion
A new owner could begin to target larger clients, something the current owner has yet to do.
Support & Training
It should only take a month or two for the new owner to learn operations.
Reason for Selling
The owner has said no to numerous opportunities to grow or expand the business t
Home-Based
This business is Home-Based
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