With my SaaS.group, we are acquiring revenue-making, ideally profitable, lean indie SaaS start ups (should be at least a few $100K in revenue per year).
Any indie developers out here who developed nice SaaS projects, but got bored about running them?
Or any other ideas on where I can find those type of companies/projects to acquire?
Check out FE International. Thomas Smale focuses on SaaS companies. Top notch experience from everyone I know that’s worked with him.
They're awesome, we bought both DeployBot.com and Juicer.io through them
You can try transferslot.com. They have a decent list of apps you can buy.
Thank you, I didn't know them yet!
Would you also fund early stage SaaS products or just acquire them?
No, SaaS.group is not in the business of funding early-stage SaaS products. I would try to find a good business angel for that if I were you
Oh, and if you are interested in our current projects to get a feeling what we're looking for: we've acquired DeployBot.com (from a small development company), and Juicer.io (from two indie developers). Also maintained by this very same team is Storrito.com, but that one was self-built.
So heres's an idea for you.
Turn your very idea into a startup.
Make a website that says "we buy revenue-making, ideally profitable, lean indie SaaS start ups"
I notice you do have a website with the header "A Software as a Service Portfolio Company" which I'd suggest might not be that clear what you do/ what you offer.
Cut all the wooly VC investment speak out of it.
Consider that you might be dealing with single person businesses, and make it clear how you value them (make an online calculator), outline your acquisition criteria, provide example legals and tie ins that you might expect.
Make it such that people wanting to sell can find you, can read in detail about how you work, can see it'll be painless and allow them to move onto what ever it is they want to do next.
Maybe those companies will actually find you, and you'll have a better success rate.
Y Combinator are a great example, they are very open and clear about how they work and their process, and people flock to them.
@TimSchu
List here:
https://landista.com/brokers/
Would you be interested in purchasing a WordPress theme business doing $3k MRR? Not a lot, but has a lot of room for growth.
Hi Tim, I know of one that may be of interest to you. Feel free to reach out to me at don.pottinger@kevy.co
I took note about https://flippa.com as Josh Pigford shared this his Founder Chats as found here https://www.crowdcast.io/e/founder-chats-live-josh-pigford-50-businesses/1.
People get "bored about running" SaaS startups that are doing $100K a year? We were barely doing $30K/year gross revenue when we began thinking to use the same team and steady revenue to build other social media productivity tools.
There are many online SaaS directories where you can find out useful SaaS application. Some are like www.capterra.com, https://g2crowd.com, https://alternativeto.net/software/lambda-test/ and so on.
Thank you, that's also a helpful advice. Most companies are too big already too
There is https://empireflippers.com/marketplace they are an online business broker.
The founder of this company was on a reddit AMA this week, maybe you can find something else useful there:
https://www.reddit.com/r/Entrepreneur/comments/9gu7dh/i_work_and_travel_around_the_world_while_managing/
Thank you for this hint! I know Empireflippers, but didn't know the AMA yet.
You could always try the products listing here on indiehackers.
Example 20k revenue/month, verified by Stripe:
https://www.indiehackers.com/products?minRevenue=20000&revenueVerification=stripe&sorting=highest-revenue
Yeah, I really love that list, and there are certainly quite a few on those list I would love to buy!