icon arrow up
Acquisitions

ACQ004

What’s for sale?

SaaS For Sale In USA: With 10-100 Active Customers & $1,430 Profit Per Month

$40.47

This score is calculated based on the criteria we use internally to analyze the opportunities we’re interested in pursuing. Boiling everything down to one number helps identify the best opportunities quickly (when compared against published listings on Nurturely). 

This scoring system is not perfect, but it helps you move faster than anyone else viewing these listings.

And you never know, you just might find a diamond in the rough.

Read on to see if this is one of them. :)

Overview

Type: SaaS

Value proposition: Class Management Tool for directors of skills-based sports programs (Skating, Gymnastics, etc)

Company details: SaaS with $41,800 in TTM revenue and $12,450 in TTM profit that is used by sports programs throughout the US, our software focuses on helping students advance through skill-based sports like skating. Directors sign up for the software to process registrations and allow coaches to run classes through the platform. Coaches use the software during class to track student progress. Parents can see their student's progress immediately. 

Customers: 10-100

HQ location: USA

Staff size: 2

Est. Revenue/Employee: $20,900.00

Founded: 2020-01-01

Alive: 30 months

Competitors: iClass Pro, Uplifter, SportsEngine, Google Sheets

Competitor Information

Uplifter

Member management software for clubs, schools and associations

Online membership management software that saves you time and improves student skill development.

SportsEngine

The Home of Youth Sports

Google Sheets

You can do anything with Google Sheets :)

iClass Pro

Class Management Software for Children's Activity Centers

Financials

P&L available?: YES

Annual Growth Rate: 168%*

*Most recent listed growth rate

TTM Gross Revenue: $41800

TTM Net Profit: $12450

TTM: Total Twelve Months (i.e a snapshot of the previous 12 months)

Over the last 12 months, this SaaS has generated $41800 in top-line revenue with a profit of $12450


ARR: $41800
Annual Recurring Revenue


MRR
: $1780
Monthly Recurring Revenue

Estimated* Expenses: $350 per month

Monthly Net Profit: $1430

Acquisition Information

Asking: $59000

Multiple: 1.4x

Reasoning: TTM profits of ~$12,500 puts an asking price of $59,500 at a 4.75x multiple – an attractive multiple for a SaaS that has strong growth; enthusiastic, long term customers; and net negative churn

*Asking Price is only the initial offering — bring any and all offers to the table. And remember, you’ve already got the no. You won’t get the yes unless you make the ask.

True Acquisition Cost*

$77290

True Cost™ increases the Asking Price by ~34% to account for loan interest, origination fees, and any other miscellaneous fees that might be associated with the acquisition. 

$59000 + 34% = $77290™

To give you a better idea — we like finding deals where we can recoup our investment within 7-10 years

When calculating True Cost™, we estimate the following to keep it simple for now:

  • 10% Monthly APR
  • Monthly Payments
  • 5% Loan Origination Fee
  • $1,000 USD misc fees*

If we pay off a loan within 7-10 years using this same criteria — it’ll end up costing us 33-35% of the loan amount. 

In this case, a $25k loan paid off in 10 years would really cost about $39k* when all is said and done.

If needed, here’s the easiest business loan calculator we’ve ever used.

True Cost is for educational and informational purposes only. Please be sure to consult a trusted financial advisor or lawyer to help you better understand (and help you along) the acquisition process.

Time To Ownership*: 

54 months

If you paid this off as quickly as you possibly could, you’d fully own this company in about 54 months — or in about 4.51 years

This estimated Time To Ownership™ takes the True Cost and divides it by the Monthly Profit (if you need to finance 100% of the transaction)

Internal ID: ACQ004

View original listing here: https://app.microacquire.com/startup/u1uq2427PNh0PvFHUmBB3Z2uMcg1/KFZ8MeRZsXt3QJMIZudx

Newsletter
Get great insight from our expert team.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By signing up you agree to our Terms & Conditions