SaaS - Custom Pricing Shopify App - $10.2K MRR

Yearly revenue

$123,000*

Yearly net profit

$90,000

Asking price

$254,000 SOLD

Main Benefits

• Firm foothold in the Custom Discounting niche
• Growing MRR of $10,247 as of September 2020
• Impressive growth in active merchants, growing at a c.113% CMGR
• Growing LTV of $38 as of September 2020
• Simple cost structure

Description

For sale is a growing B2B Shopify App business in the Custom Pricing niche with over 750 active paying users.

Launched in 2020, the business delivers a variety of discount based upsell and cross-sell options for Shopify merchants to integrate with their stores. Shopify has scaled to become one the world’s largest e-commerce platform, boasting over 1,000,000 Shopify merchants. This offers the business the opportunity to target a vast and growing addressable market to monetize its software.

With a wide range of easy-to-use and time saving tools to help Shopify merchants implement a wide array of volume based discounts, the App has become an integral part of its customers' sales process, ensuring no value is left on the table for (expensive-to-acquire) customers that are usually predominantly targeted through paid advertising channels.

With a stellar track record and glowing user reviews (averaging a 4.9 star rating from over 115 reviews on Shopify), the software has positioned itself well in the niche, and has migrated past many incumbents in terms of recent growth rates.

With the business' seamless integration and glowing reputation within the niche, revenue has been growing at a c.107% CMGR over the L8M and the app now serves over 750 paying customers. The strong revenue growth has helped the business achieve an MRR of $10,247 and a high LTV of c.$38, offering plenty of resources for a new owner to invest in one of the numerous growth opportunities.

The business presents a unique opportunity to acquire a trusted and authoritative Shopify App with stellar reviews. Boasting many unexplored growth opportunities, the business is primed to be taken to the next level under new ownership.

* Revenue and profit figures are annualized on a last one-month basis.

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All numbers are prepared on a SDE basis.