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B2B SaaSNov 6

Commercial Real Estate Prospecting Platform

Commercial real estate brokers and investors use it to find sites, owner details and zoning data. The seller says only about half its revenue is software subscriptions.

Ask
$567K
Profit
$50K
Multiple
11.3x
Ask
$567K
Revenue
$305K
Profit
$50K
Margin
16%
Multiple
11.3x
Age
2 yrs (Jun 2024)

How it rates

ValuationHigh

Other B2B software businesses we've tracked mostly ask 2.4–5.4x profit, or 2.0–4.6x adjusted for its short history or recent decline; this one asks 11.3x.

Durability

Founded in 2024, and one enterprise client's services work, ending in early 2027, is a large share of revenue.

Hands-off

A team of 2 to 20 people works on it; owner hours aren't stated.

Why it's interesting

  • Last month brought $30.3K in revenue and $9K in profit, above the last 12 months' average of about $25K and $4K a month.
  • The product combines parcel, zoning and owner data with outreach tools, aimed at site selection.
  • It was bootstrapped apart from a $25K angel investment, and the seller openly separates recurring software revenue from services work.

What to watch

  • The listing shows $335K in yearly recurring revenue, but the seller puts software subscriptions closer to $150-200K; the rest is one enterprise client's managed services, expected to wind down in Q1 2027.
  • It has fewer than 10 customers and churn shown at 10%+, so each lost customer matters.
  • The 8482% growth figure likely reflects a near-zero start in 2024, not a lasting rate.
  • At 11.3x profit the ask is far above the 2.0-4.6x range for comparable B2B software, and profit is likely to fall once the services revenue ends.

Ask the seller

  1. What would revenue and profit have been over the last 12 months without the enterprise services work?
  2. What does each customer pay, and on what contract terms?
  3. How many hours do you put in, and which team members would stay after the sale?

Growth plays

  • Offer self-serve monthly plans to independent CRE brokers through groups such as CCIM chapters.
  • Sell parcel and zoning lookups to the site-selection teams of retail and restaurant chains, who screen many locations a year.
Nov 6Added to Acumen Wire
View at Acquire.com ↗

How we rate

Every business gets three ratings, each with a one-line reason. They describe the business; they don't decide whether it's listed.

FairHighLow ⚑Valuation
The asking price compared with similar listings we've tracked, adjusted for the business's record and size. Low means cheaper than most similar listings: ask why before anything else.
Durability
Whether the profit is likely to last. Three dots take 5+ years, steady or growing sales, and no reliance on one platform, one traffic source or paid ads alone.
Hands-off
How little of the owner's own time the business needs. Three dots: under about 10 hours a week, or a team runs the day-to-day.

A dash means the listing doesn't say. Businesses listed before we started rating, in early November 2026, show no ratings.