If you want to sell your SaaS business, the first step is usually to contact an agent who can help you value your business and attract buyers. Stakeholders will work with the broker and deliver the information. Then, the broker will suggest your business to buyers they deem suitable. Looking for the best saas businesses for sale is difficult unless you know what to look for when considering your purchase.
At least, COVID-19 has made you realize the fundamental importance of SaaS for our society. I expect that, as we move forward, the SaaS application market will prosper and that the value of quality applications will pick up. If you're planning to take advantage of this fact and sell your SaaS business, here are a few things to keep in mind. David Newell is a senior advisor at Quiet Light Brokerage and an industry expert in the valuation and sale of SaaS businesses.
He has no programming experience, and he didn't know many programmers, but he was able to get into the SaaS game and make a comfortable living with it. When it comes to selling a business, saas companies often invest in acquiring new customers to increase their multiples, but achieving negative revenue loss is actually more crucial. Buyers will examine the finances of their SaaS business, as well as the importance of their personal involvement to the company's success. Buy & and sell businesses online on the Flippa marketplace, which supports more than just the SaaS category.
It is now earning healthy 7-figure revenues from its SaaS platform, and is considering expanding in the coming years. If you're in a scenario where your SaaS is growing very rapidly, it's not appropriate to use the last 12 months. This places SaaS companies in a range between 3.0X and 5.0X SDE, which is typical in the market. Strategies pay the highest multiples, but with the lowest probability, since the right buyer and seller must meet at the right time, with the resources, appetite and experience to integrate.
And that's even more the case when you start exchanging stories about selling your business: from non-business owners, eye rolls get bigger, and for other business owners, the community you can talk to gets smaller. We specialize in selling high-quality Internet businesses such as SaaS products, e-commerce, dropshipping businesses, and content sites.
Leave a Comment