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Businesses use this self-serve tool to build their own iOS and Android apps; two staff now run it, down from about 50 last year.

Ask $4M · Profit $736K · 5.4x · Acquire.com

Oct 30
Ask
$4M
Revenue
$1.04M
Profit
$736K
Margin
71%
Multiple
5.4x
Age
6 yrs (Jan 2020)
Label
Worth Studying
Reason
Large and very profitable, but the margin rests on recast figures after the 2025 staff cuts, and churn runs above 10%.

Why it's interesting

  • A 71% margin on $1.04M revenue, with listed annual growth of 25%; last month brought $83K revenue and $69K profit, and the seller expects $1.1-1.2M for 2026.
  • No paid ads: customers arrive through search, organic traffic and referrals, and 1,000-5,000 customers means no single account likely dominates.
  • Costs are spelled out: software and hosting capped near $120K a year, team about $80K plus a $50K profit-linked bonus for the COO.
  • Integrations with Shopify, WooCommerce and WordPress, and over $5.5M of lifetime revenue, suggest a mature product.

What to watch

  • The team went from about 50 people to a COO plus one in 2025 and the profit is recast, so this margin has little track record, and there is little capacity left to build product.
  • Churn is listed as '10%+' with no period; if monthly, much of the customer base must be replaced each year from organic channels alone.
  • Competitors include Buildfire, GoodBarber and Adalo, and the AI features are only due in Q4 2026 in a fast-moving category.
  • At 5.4x profit and 3.8x revenue, the price assumes the lean margin holds; the listing says money was invested from 2018 though the business dates from 2020.

Who it fits

A SaaS operator with product and search marketing experience and access to about $4M, ready to rely on a two-person team or rebuild development.

Ask the seller

  1. Is the 10%+ churn monthly or annual, and how have customer counts moved since the 2025 cuts?
  2. Which product, support and sales roles did the departed staff fill, and who covers them now?
  3. Will the COO stay after the sale, and on what terms beyond the profit-linked bonus?

Growth plays

  • Build out the agency side with a white-label plan for web agencies that already make Shopify and WordPress sites, so they resell native apps under their own brand.
  • Release the planned AI features as a paid upgrade tier to the existing 1,000-5,000 customers rather than folding them into current plans.
Oct 30Added to Acumen Wire
View at Acquire.com ↗

Acumen Wire labels

Every business here gets one label: the reason it made the list. Listings that fit none are left out.

Solid Business, Fair Price
Established (5+ years), profitable (20%+ margin), steady, and fairly priced. A serious candidate to buy.
Solid Business, High Price
Meets the same quality bar, but the asking price is hard to justify.
Worth Studying
An interesting model or growth story, or a larger business that doesn't meet the Solid bar. Better to learn from than to buy.
Small Growth Play
A small working business ($25K+ revenue, $10K+ profit) that a skilled marketer could grow.