Recurring Revenue SAAS Software Business

For sale is a full-featured membership site software business with over 100 active members. System has been built from the ground up and is a fully hosted solution including Membership Management, Email Marketing (broadcasts & follow ups), SMS Marketing (Mobile), Admin Panel, Site Design and Layout control, Integrated Analytics and Tracking, Shopping Cart Integration, Payment Gateway Integration, 3rd Party Email Integration, Full Function Support Ticket System, Affiliate tracking software, Site management and more all built on the stable Wordpress (WP) framework.

The business has been running for 3+ years now with very little maintenance or work required. If you like recurring revenue this is a great business to consider. 97% of the revenue is recurring making your marketing efforts leveraged for ongoing income.

With a prospect list of 1585 and an affiliate base 537 strong, this business is prime for growth. Established in 2006 and has produced steady and consistent profits every year since 2008. There is a huge upside with this business, the seller has invested over $300,000 in building the infrastructure, and overheads are very low with expenses about $700 per month in server costs.

The business is currently averaging $4,095/month in the last 12 months and only requires just a few hours a week to maintain its current levels. With some additional marketing it has averaged almost double that per month at $6,791 and has produced steady profit for 3 years straight.

IMPORTANT: The seller is not a software developer or graphic designer. All of the software development and graphical work is outsourced. You do not need to be a developer to run this business and will be able to use the same developers and designers the seller has used.

Support/Training:
This is negotiable on the exact amount of transition and training time depending on your needs. This business is very simple and only takes 2 hours/week to maintain its current levels.Seller spends approx. 5 minutes a day on customer support, some day 0 minutes.

Seller is based in Australia but business is 100% relocatable.

The current owner needs to raise capital for an unrelated business. He has worked hard and invested to build the infrastructure for this business but now realizes it would be best for someone else to take it to the next level.

The current owner is testing out a deal with a marketing company where new customers get a 75 day trial and then pay $580 for an annual membership. This is currently on pace to do 25-30 sales/month bringing in an extra $15,000 - $17,000/month in sales. With the newly added annual payment option, the business is seeing a growth trend and expects to reach 30-40 new annual customers per month with the current marketing strategy.

This business has steady and consistent profits and has for 3+ years but the right buyer willing to put some focused effort into the growth could see a rapid increase in revenue as the seller focused most of his effort building the infrastructure.

With the low monthly expenses, expansion possibility, and all the hard work and investment of the infrastructure being built already, the revenue can increase fast. And even without a dramatic increase, the business still generates profits every single month with very little effort.