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Revenue
$277,635
Income
$206,737
Multiple
2.54x
Last Updated on
Started in mid-2018, this real estate SaaS business provides a unique service to real estate agents and brokers. The founders are real estate agents who were looking for ways to give themselves an edge in a crowded field, but they soon realized that they could leverage their idea and earn more money with it as a SaaS business than they could by using it on their own.
Being a digital service, the business requires no inventory and could be operated from anywhere in the world with a dependable phone and internet connection. The owners work minimal hours, and with minimal overhead, the business boasts a 74% profit margin for the trailing twelve months. Once a new subscriber has been onboarded, the income from that subscription becomes nearly passive. With a reported 2,000,000+ real estate agents in the US looking to differentiate themselves from their peers, the owners believe that with additional marketing, the business could grow significantly.
This listing is managed by Chuck Mullins.
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