Listing ID : 2431218
Listed On November 6, 2024 6
Listing Updated November 12, 2024
Listing Highlights :
This opportunity is an efficiently run, cutting-edge online SaaS platform with branded software targeted to businesses in the fitness niche. Leveraging their expert knowledge in technology, the business has developed popular and powerful integrations for 3 major fitness POS providers that allow fitness studios to increase sales and reduce expenses by automating payroll reporting, processing late cancel & no show fees and improving class waitlists.
Sales are generated through their website as well as customer and partner referrals with 100% recurring revenue from a subscription model with 400+ boutique fitness locations. The business is successfully run by two owners, one working approx. 5-10 hours per week focusing on admin, sales, product development and customer support and the second working approx. 10 hours per month as the developer and system maintenance.
The business provides a unique opportunity to easily enter and scale in any niche profitably with their user-friendly interface software. They have been experiencing strong YoY growth with profits up 26% for Jan-Feb 2024 over the same period in 2023!
Key Benefits
● Strong YoY Sales & Profit Growth – Jan / Feb 2024 income and profits up 26% over Jan / Feb 2023
● Lean Business Operations With 65% Profit Margins
● Free to paid conversion rate is over 90%
● Extremely low churn
● Strong relationships with 400+ boutique fitness locations
● Excellent customer feedback – Customers love the product!
● Opportunity to increase scope and scale of business with new products for existing customers
● Potential to expand integration with new POS platforms
● Huge opportunity for growth through marketing
3500 Scotts Lane, Philadelphia, PA, USA
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