Highly Profitable eLearning SaaS Business in Education and Training with Consistent Monthly Revenue
This eLearning SaaS Business is a leader in online education and training tools for eCommerce retail. With monthly recurring revenue and a custom-built Software as a Service platform, it helps entrepreneurs succeed in the online training industry. The business offers various SaaS offerings, consulting, and training for eCommerce retailers, with an average order value of $4,000. The company has a strong digital community, a vast network of connections, and opportunities for growth in other eCommerce verticals. The asking price is $22,000,000, with a cash flow of $3,672,475 and gross income of $7,656,853. It was established in 2016 and has 6 employees.
OPERATIONS
The eLearning SaaS Business offers various SaaS offerings, consulting, and training for eCommerce retailers. It leverages its custom-built Software as a Service platform to help entrepreneurs succeed and avoid obstacles. The business focuses on helping eCommerce retailers thrive through online sales of books. It provides training videos and services to help clients build profitable eCommerce storefronts selling used books. The company spends an average of 5 hours per week on maintaining the business and 20 hours on software development. It works with contractors for software development, customer support, and advertising.
The eLearning SaaS Business does not have a specific supply and logistics aspect as it primarily focuses on offering SaaS products, consulting, and training. However, it works with contractors for software development, customer support, and advertising strategy to effectively run and grow its offerings.
MARKETING AND KEY METRICS
The eLearning SaaS Business markets itself through sales calls, seminars, and group meetings. It aims to give entrepreneurial-minded people the tools they need to work from home using eCommerce as their tool. The business has a strong digital community of likeminded business owners and leverages its email database and social media following for consumer base growth and industry leadership. It also creates blogs, guest posts, and guest speaker events to grow the brand and develop an industry reputation of integrity and expertise.
The eLearning SaaS Business primarily sells its SaaS offerings, consulting, and training through sales calls, seminars, and group meetings. The business has the potential to expand its sales channels by extending services, creating offerings in other eCommerce verticals, or growing its own book marketplace. With the right strategic approach, the business can leverage its strong digital community and network of connections to drive sales growth and increase its market presence.
The key metrics for this eLearning SaaS Business include monthly recurring revenue from various SaaS offerings, consulting, and training. The business has an average order value of $4,000 across its 3 service offerings. It has a strong digital community with more than 100,000 active contacts in its email database. The company has achieved impressive revenues for itself and its clients, with many clients growing into 5, 6, and 7-figure sellers. The business has a track record of delivering amazing results while demanding minimal ownership involvement.
The eLearning SaaS Business has a diverse customer base consisting of entrepreneurial-minded individuals from all walks of life. Its target audience includes small business owners, aspiring entrepreneurs, and individuals looking to work from home using eCommerce as their tool. The business provides training and support to help its customers build profitable eCommerce storefronts selling used books. It also has a strong digital community of likeminded business owners, which further expands its customer base and creates opportunities for collaboration and networking.
BUSINESS MODEL & RESOURCES NEEDED
The eLearning SaaS Business has 6 employees who are responsible for payroll, sales tracking, and high-level support solutions. The owner spends an average of 5 hours each week on maintaining the business and 20 hours on new software development. Additionally, the business works with a multitude of contractors for software development, customer support, and advertising strategy.
THE INDUSTRY
The eLearning industry is experiencing significant growth, especially in the wake of the COVID-19 pandemic. Online education and training tools have become essential for individuals, businesses, and institutions looking to adapt to remote learning environments. The eLearning SaaS Business offers a unique opportunity for entrepreneurs to tap into this growing market by providing eCommerce-focused education and training. With its custom-built platform and strong digital community, the company is well-positioned to capture a significant share of the eLearning market. Examples of successful eLearning businesses in the industry include Udemy, Coursera, and Skillshare.
OPPORTUNITIES TO SCALE
The eLearning SaaS Business offers several scale opportunities for a new owner. One opportunity is to extend services and create offerings in other eCommerce verticals such as home goods or technologies. Another opportunity is to grow the book marketplace by expanding the range of books available or partnering with publishers. Additionally, the business can explore other related services, such as credit repair, software development for Amazon FBA, and a lending service for clients to jumpstart their own offerings. These scale opportunities can drive revenue growth and enhance the business’s overall value.
Asking Price: $22,000,000
Gross Income: $7,656,853
Cash Flow: $3,672,475
Year Established: 2016
Employees: 6
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