SaaS - 16 Y/O B2B Software Development Tools - $21K MRR
- Yearly revenue
- Yearly net profit
- Asking price
- $758,000 SOLD
- Reputable brand with sixteen years of operational history in the high-growth code hosting niche
- Clear value proposition with tens of thousands of development teams serviced and a list of notable clients
- Steady cash flows with more than $21,000 in MRR supported by strong net margins
- Highly attractive SaaS metrics with high LTV of c.$1,650 and low customer churn of c.1.5% in the LTM
- Extensive list of essential features with positive reviews from third parties
For sale is a trusted and authoritative B2B SaaS business in the code hosting niche with 16 years of history and low churn of just 1.5%.
Launched in 2003, the business has stood the test of time to become a reputable player in the code hosting space. The software offers global development teams a safe and secure code repository with extensive functionality such as bug tracking, automatic deployment, daily backups, and seamless third-party integrations.
The business has found market fit by targeting the 22.3 million software developers worldwide. Compatible with both Git and Subversion repository hosting, the software covers 95% of the code repository market, offering access to a large and steadily-expanding user base.
With 16 years of operating history, the business has serviced tens of thousands of development teams lifetime from across the globe, demonstrating clear market fit. With attractive SaaS metrics and strong margins, a new owner will have plenty of resources to invest in growth.
The business presents a great acquisition opportunity for a new owner looking to take over a well-built and reputable B2B SaaS business in the code hosting space. With a clear value proposition, incredibly sticky software, and steady cash flows, 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.