Flippa
For Sale

My Statement

Business Model
SaaS
Industry
Internet

$65,000

Asking Price
My Statement helps businesses get paid on time.

Facts and Figures

Location
Aruba
Date of Founding
2018
Full-Time Staff
Owner Operated
Avg. Expenses /month
$200
Gross Profit /month
$300
Avg. Revenue /month
$500

Financials

P&L (Profit and Loss Statement) View P&L
Evidence of Revenue View Revenue

Business Description

My statement is an accounts receivable automation service. Founded in 2018, this business currently enjoys average revenue of $500 and profits of $300 per month. This is a good business for any buyer looking to enter the SaaS niche. To build a similar system would cost approximately $120k and would require many months of development from multiple developers, making this business a bargain at its current price.

How does your business make money?

Software As a Service , Subscription based on how many invoices a client has to collect.

Why should someone buy this business?

My Statement is a powerful back-office SaaS that analyze transaction and behavioural patterns to help Businesses get paid faster, boost finance team productivity, manage customer risk, and predict cash flow with greater accuracy.

How can the future owner improve this business?

Launch in a bigger market

Business Strengths

  • High Barrier of Entry to Market
  • High levels of Automation
  • High Profit Margins
  • Positive Customer Reviews
  • Strong Recuring Revenue

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Advance or Explore Retail / Distribution Partnerships

Key day-to-day operations

  • Customer Support / Service
  • Website Maintenance
  • Content marketing

Marketing

  • Customer Referral Program
  • SEO
  • Word of Mouth

Inventory

Units
-
Value
-

Social Media

Facebook
1 follower
Twitter
1 follower
Instagram
1 follower

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Private Seller

Ibian Hodgson

United states

I Build products to solve problems

Contact Seller