- Yearly revenue
- Yearly net profit
- Asking price
- $1,383,000 SOLD
- Low MRR churn rate of only c.3.2% over the trailing 12 months
- Strong and consistent revenue growth with a CAGR of 124% between 2014 to 2017
- Stable site traffic generating over 5,770,000 page views in the trailing 12 months
- Large customer base of over 2,000 customers and still growing
- Low owner involvement
For sale is a proven and growing SaaS business in the code deployment space.
Launched in September of 2013, the business has gone from strength-to-strength, quickly finding product market fit with its mission critical offering. The software provides a platform for continuous delivery, offering its customers a single location to execute, compile, and deploy code across entire teams.
The business has illustrated its value proposition through its impressive SaaS metrics. With thousands of paying customers and CAGR of 124% for the forecasted period 2014 to 2017, the business shows no signs of slowing down its impressive growth. The software has proven to be highly sticky, boasting a churn rate of c.3.2% over the trailing 12 months. With an ever-growing customer base, onboarding over 400 customers over the past year alone, the business plays a critical role in the day-to-day operations of its clients.
The business is highly automated, requiring minimal maintenance and support to continue day-to-day operations. The owner has built a strong product, allowing almost no owner involvement other than long-term growth and strategy implementation.
A new owner will be taking over a proven business with a strong value proposition in an expanding niche. With robust operations, impressive growth, thousands of happy clients, and strong SaaS metrics, the business exhibits all signs of a business ready to be taken to new heights.
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All numbers are prepared on a SDE basis.