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Are there any other good places to look for buying a small (like $1K-$5K in revenue/yr) SAAS business? Do you have any caveats?
Make sure the revenue is sustainable and recurring without the original person(s).
One thought I had would be a once per month "who's selling" hacker news post for people to list businesses for sale. Similar to the who's hiring. If you like the idea maybe go ahead and post it on 11/1?
I find the sites for sale on flippa to be overpriced. They seem to go for 18 months profit (or more) for an ad supported site that could lose most of its traffic in the next google update.
By the way flippa seems to be getting worse and worse though I can't really put my finger on why. I find the sites for sale on flippa to be overpriced. They seem to go for 18 months profit (or more) for an ad supported site that could lose most of its traffic in the next google update.
I'm definitely not looking for ad-supported type stuff - I really want to work on a SAAS funnel :D
Finding a niche and establishing traffic and then getting conversions is quite time consuming and prone to failure - I'd rather pay a premium for removing that from the equation and then work on expanding the funnel ^.^
I think a lot of people would be interested in buying such businesses. I really don't know where you'd find them though. One thought I had would be a once per month "who's selling" hacker news post for people to list businesses for sale. Similar to the who's hiring. If you like the idea maybe go ahead and post it on 11/1?
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