Project Description

Established 9-year-old recurring revenue cloud-based company offering website portals for HOAs, neighborhoods, condos, townhomes and cooperatives.  The company offers a full suite of robust features to support their clients with a completely self-managed non-technical solution. The business has a very strong long-term customer base with 90% YOY retention rate since the business was started.  Average order size is $328.  The owner puts in approximately 4-8 hours per week managing the business.  Business is currently run from a home office.  Strong growth opportunities include paid advertising, investment into SEO, creation of an aggressive email marketing campaign to property management companies, social media expansion and marketing additional products and services to current customer base, platform expansion to additional markets, etc.  Owner will provide strong transitional support based on the specific needs of the buyer and is selling to pursue a new business opportunity.

Financial Overview

  • 2018 Revenue: $58,857
  • 2018 Profit: $44,539
  • 2017 Revenue: $67,477
  • 2017 Profit: $49,962
  • 2016 Revenue: $81,543
  • 2016 Profit: $61,106

Additional Details

  • Status: Under LOI
  • Employees: 0
  • Years Established: 2010
Asking Price: $125,000
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