SaaS

listed by broker
Hospitality
Founded in
2015
Desired valuation:
Open to offers
Description
Profitable SaaS with $260,786 in ARR and $298,612 in TTM revenue that offers an affordable integrated infrastructure for restaurants to successfully get online and profit. Restaurants that we target are independent to mid-sized chains. Integrate seamlessly with all major POS, Loyalty Programs, Payment Gateways, and much more.
Featured metrics
85% retention
Selling details
Type of shares
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Reason for selling
Although the product has been accepted well, we continuously face hurdles to have partnerships in the industry with POS and other software systems. Our lack of local presence in the geography (USA) that we are targeting has become our biggest bottleneck to next level growth.
Preferred acquirer
If you the buyer is looking for a partial acquisition/investor then he must be a mentor too who can bring direction to the table with regards to the challenges that the company is facing.
Aspirations & growth opportunities
The product has been there in the market for over 6 years and has a lot of product depth when it comes to features and operational convenience. It can also be complemented with other products and be sold as an excellent bundled offering. With just Google ads and zero dollar content marketing, we have been able to grow the business to this level. With a few marketing dollars in the right direction and the business will grow even more. The right integrations and partnerships will give it another boost as a highly valuable product for any restaurant/restaurant chain to use.
Business details
Business model
Subscription revenue
Customers
750 (Independent restaurants and restaurant chains upto 20 locations.)
Competition
menudrive.com
Operational details
Technology stack
Php, Angular
Marketing spend
$ 20 K on paid advertising. $ 25 K on sales rep (Google Adwords, Content Marketing)
Performance tracking tools
Google Analytics, Stripe
Financial details
Ownership structure
50/50 split ownership
Last month's revenue
$ 27.7 K
Last month's profit
$ 6.8 K
Financial records
Annual P&L summary reports
Metrics
TTM revenue
$ 299 K
TTM net profit
$ 27 K
Based in
APAC
Team members
11-15
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
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Message Broker
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