2025.02.27 - Online Biz Acquisition Opps

Happy Thursday peeps!

SaaS Task & Time Tracking Platform – $313K SDE – Asking $1.4M – 4.5x

Listing Type (?): Solid

This 25-year-old SaaS platform provides task and time tracking solutions with an impressive 10.8-year average client retention. The service is evergreen, and while AI could disrupt parts of the industry, it also presents an opportunity to enhance the platform.

The valuation is reasonable for an established SaaS, but margins below 50% suggest a larger team than necessary. There may be opportunities to optimize costs by shifting certain roles to lower-cost regions like the Philippines. Given the long operating history, a DCF valuation could provide a more accurate picture of its true worth.

A strong acquisition for a buyer looking to modernize and scale an established software business.

[View Listing]

Cybersecurity Training Platform – $29K SDE – Asking $140K – 4.8x

Listing Type (?): Small Growth Opp

The value of this business hinges on whether it includes a simulation app for technical training (I believe it does). If so, that’s a significant asset. If it’s just video training, its value is far lower.

Despite 650,000 registered users, the platform generates only $50K in monthly revenue, suggesting major monetization issues. It claims all revenue has come with no advertising, sales team, or promotion. Current customers are companies, but without a business development effort, they are simply finding the platform organically rather than being actively sold to (companies rarely just sign up, they need to be ‘sold’ to).

A freemium model with certification could improve individual conversions, while a sales team could drive B2B growth. The cost structure is unclear—$50K revenue with $29K profit raises questions about the remaining $21K in expenses, possibly high AWS server costs.

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iOS Audio Sync App – $447K SDE – Asking $1.1M – 2.3x

Listing Type: Solid

This iOS app syncs multiple devices to play audio simultaneously, operating on a subscription model. It has 52,500 App Store reviews and 17.4 million lifetime downloads, yet its profit multiple is low for an app and the 34% margin is underwhelming—raising questions about its cost structure.

The high review count suggests strong user engagement, but negative reviews would likely highlight areas for improvement. No team details are provided, which is concerning for an app at this scale—there should ideally be support and technical staff in place.

A potential buyer should diligence customer lifetime value and churn rate to establish how much cash flow the current subscribers are likely to generate. A buyer with experience in app monetization and cost optimization could improve margins and increase valuation.

[View Listing]