Thriving SaaS Web Company with Over 3,000 Recurring Customers

This SaaS company provides detailed auction data on over 51,000 storage facilities on an ongoing real-time basis. Founded in 2011, the business dominates the market segment of providing storage auction listing data with over 15 million auction listings to date. The company has an email database of 180,000 users and has over 3,000 recurring subscribers with growing revenue. The business uses the highly sought-after recurring revenue – subscription service model via its primary website with Net Operating Margins of 55%.

OPERATIONS

The business operates out of a small East Coast office with low-to-no overhead and can easily and seamlessly be transferred to a new owner with zero interruption. Business operations can be easily trained without a difficult learning curve. This highly automated business can be managed with complete control from any location with internet access. The company is a turn-key opportunity for any investor or one looking to bolt on an industry leader in a niche segment.

The company has a turn-key approach to its business model, focusing on providing accurate data to subscribers. The company has no physical inventory or product supply chain.

MARKETING AND KEY METRICS

The company targets users looking to attend storage auctions through online services. With a growing TV viewership such as Storage Wars and Auction Hunters popularity and auction participants, this growing sector has a large and growing following. This creates opportunities for auto auctions, estate sales, police auctions, and so much more.

The company uses the highly sought-after recurring revenue – subscription service model via its primary website. The company targets users looking to attend storage auctions through online services.

With over 3,000 recurring subscribers, the company has an email database of 180,000 users and growing revenue with Net Operating Margins of 55%.

The company has over 3,000 recurring subscribers, an email database of 180,000 users, and has growing revenue.

BUSINESS MODEL & RESOURCES NEEDED

The company operates with only 2 employees, and its highly automated business can be managed with complete control from any location with internet access.

THE INDUSTRY

The storage auction listing is a niche segment with an expanding customer base. The popularity of TV shows such as Storage Hunters, Storage Wars: Texas, and Storage Wars: New York, and other shows similar to these shows that feature auctions has garnered a significant following. This storage facility conducts auctions to vacate non-paying tenants. The facility owner is obligated to notify the tenant of the outstanding debt, and if it remains unpaid, the facility must give notice of the sale or auction. The company provides detailed auction data on over 51,000 storage facilities.

OPPORTUNITIES TO SCALE

The company has immediate growth opportunities such as auto auctions, estate sales, police auctions, and more. The company provides an accurate and detailed list of auction data for its subscribers and is a turn-key opportunity for investors.

Asking Price: $990,000
Gross Income: $401,000
Cash Flow: $230,000
Year Established: 2011
Employees: 2

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Amanda Stanley

Amanda has been a professional writer since 2010. She writes during the day and reads by night. She has accumulated knowledge by scouring the internet and reading informative books. Concurrently, she developed a passion for educating people through her blogs and web tutorials. She is an earnest believer that knowledge is power.

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