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- RE: On-Demand Virtual Tour SaaS Company | 80% Subs
- Contact: Ron Matheson
Quick Facts
Asking Price: | $3,900,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 1 | |
BBN Listing #: | 979031 | |
Broker Reference #: | WC 3500 |
Business Overview:
WebsiteClosers® presents a Software-as-a-Service (SaaS) Business that provides software to clients to create their own Augmented and Virtual Reality Tours (AR & VR). The team behind this business has spent over 10 years offering their On-Demand Virtual Tour Platform, with their offerings including both hardware and software.
Their software has proven to have the best value proposition among its competition and is popular among hotels, colleges, real estate agents, trade shows, and warehouses, all of which are eager to give their own customers a high-quality, high-resolution, 360-degree virtual walk-through interactive tour.
Nothing makes a home or commercial property stand out like a walk-through tour, and some companies need so many of these tours that it is better to handle it internally. That’s where this software comes into play.
The brand’s battle-tested software stands out for its self-sufficiency and ease of management. But even beyond this, a huge value proposition for a buyer of this business is that it has won over numerous household names who are now their clients, including companies like Amazon, Choice Hotels, ABC’s Shark Tank, PBS, Ticketmaster, and many more.
While their average subscription contract ranges from $3,000 and $8,000, this price can rise as high as $77,300 for some clients. The brand now sees 80% of their clients subscribe to the platform, and they have a very low churn rate of 5%. Additionally, despite having no customer acquisition strategy or budget, they consistently generate organic growth.
Here are some of the brand’s core KPIs:
• Client List Includes Multiple Fortune 100 Companies
• Trademark Protection
• 80% Subscription Rate
• 5% Churn Rate
• Established 13 Years
• Purely Organic Growth
• 40 Domains Included
• Top Ranked SEO Search Results
• Thousands of Virtual Tours Published to Date
• Zero Customer Acquisition Costs
• High Client Retention
• Existing Pipeline - $1mm+ New Business
• Minimal OPEX
• Turnkey with Positive Cash Flow
This deal is an excellent fit for a buyer interested in exploring the VR market, as their versatile service has allowed for a diverse client base.
If you’re interested in learning more, please contact WebsiteClosers® today for more details from our brokers.
WC 3500
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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