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- RE: On Demand Virtual Tour Software Company | 80% Subs
- Contact: Ron Matheson
Quick Facts
Asking Price: | $6,000,000 | |
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 #: | 951223 | |
Broker Reference #: | WC 3440 |
Business Overview:
Website Closers® presents a SaaS Business that offers an On-Demand Virtual Tour Platform. This tech-enabled company offers more than a decade of experience providing customers with the ability to create their own Augmented and Virtual Reality Tours. Offerings include hardware and software with the value proposition prominently in the software, which has proven to be enormously appealing to a host of businesses, including real estate, hotels, colleges, trade shows and warehouses that want to offer customers a 360 virtual walk-through interactive tour.
This battle-tested software is popular for being self-sufficient and easy to manage. It has attracted well-known clients, such as Amazon, Choice Hotels, ABC’s Shark Tank, PBS, Ticketmaster, among many others.
While contracts for their subscription service run between $3,000 and $8,000, they can increase to as high as $77,300 for some clients. Today, 80% of clients subscribe to the platform, and their churn rate is a very low 5%. The company is consistently maintaining 8% organic annual growth without a customer acquisition strategy or budget.
Key Performance Indicators for this company:
• Trademark and Patent Protection
• 80% Subscription Rate
• 5% Churn Rate
• Established 13 Years
• 8% Purely Organic Growth
• Client List Includes Multiple Fortune 100 Companies
• 40 Domains Included
• Top Ranked SEO Search Results
• Thousands of Virtual Tours Published to Date
• Zero Customer Acquisition Costs
• High Client Retention
• Existing Pipeline - $1M+ New Business
• Minimal OPEX
• Turnkey with Positive Cash Flow
A perfect fit for a strategic buyer seeking an entry into the VR category, this opportunity checks a lot of boxes. The software can be used in virtually any industry, which is why the company’s client base is so diverse. The quality and ease of use of its SaaS platform and 360 virtual tour cameras is so strong that customer referrals and testimonials have enabled the company to drive sales to date purely organically without a marketing strategy or budget.
Immediate scale is available through implementing a sales and marketing strategy, complimented by a dedicated direct sales team. Currently, ownership only responds to incoming inquires. Ample opportunity also exists to launch new products or services for upsells into the existing customer base. Another clear option would be to focus on growing the business through digital tools such as social media and email marketing campaigns and a more complete SEO program that fully optimizes low hanging content opportunities creation to boost traffic.
Contact Website Closers today to learn more about this rare investment opportunity.
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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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