SaaS - Custom Invoicing Shopify App - $10.9K MRR

Yearly revenue

$132,000

Yearly net profit

$111,000

Asking price

$480,000

Main Benefits

• Firm foothold in the Shopify custom invoicing software niche
• Impressive usage statistics with over c.1,000 active merchants and c.10,000 downloads in the LTM
• Glowing customer reviews, averaging 5 stars on Shopify
• Strong customer following, attracting an LTV of c.$76 and MRR of c.$10,900

Description

For sale is a rapidly-growing B2B Shopify App business in the Custom Invoicing niche with c.1,000 active paying users.

Launched in 2019, the App targets Shopify merchants looking to create, print and send a variety of documents including invoices, quotes and packing slips. The App offers numerous easy-to-use and time saving features to help Shopify merchants design professional and branded invoices, while ensuring all invoices complying with country-specific legal and accounting regulations.

Targeting the c.1,000,000 Shopify merchants, the App has a vast and growing addressable market to further monetize its software. With a stellar track record and glowing user reviews (averaging 5 stars on Shopify), the software has delivered results for store owners time and time again.

The business’s popularity and clear product market fit have translated into explosive growth, with revenue growing at a c.219.2% CQGR over the LTM. The strong revenue growth, accompanied by a high LTV of c.$76 in the L6M and MRR of c.$10,900, offers plenty of resources for a new owner to invest in one of the numerous growth opportunities.

The business presents a unique acquisition opportunity for a new owner to take over a market-leading Shopify App. With an effective value proposition, a stellar track record of success, and many unexplored growth opportunities, the business is primed to be taken to the next level under a new owner.

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All numbers are prepared on a SDE basis.