The business for sale comprises an extensive database and a portfolio of software-as-a-service (SaaS) tools, established in 2016. The portfolio includes an industry-leading directory that allows users to perform reverse lookups on SMS shortcodes and phone numbers, helping them identify and verify callers, and report scams. With the prevalence of over 58 billion robocalls in the U.S. last year, the need for such services is growing. The sale package includes multiple business domains, software, intellectual property, a blog, a customer database, standard operating procedures, and a strategic growth roadmap. The current owners, who are serial entrepreneurs, have decided to sell to focus on new ventures.
The business operates on a straightforward model generating income through advertising and subscription fees, with minimal operational requirements of about one hour per week. Revenue increased by 28% in Q2 and Q3 of 2020 compared to 2019, with a high-profit margin of 81%. Future growth opportunities include launching new services, affiliate marketing, expanded advertising, and social media promotion.
The sale is motivated by the owners' desire to reinvest in other businesses. This business suits anyone seeking passive income, particularly developers or investors specializing in SaaS operations, as it offers ease of management. The current owner is open to providing management support post-sale. Assets included in the sale range from contracts, custom technology, and customer databases to hosting accounts, policy documents, and website files. Support post-sale is included for a smooth transition.