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- #11 - Startups for sale: CBD supplements for Dogs, Cross border money transfer app, and, a streamlined invoicing platform
#11 - Startups for sale: CBD supplements for Dogs, Cross border money transfer app, and, a streamlined invoicing platform
👋 Hey builders!
Welcome to all the new people who have joined last week!
Here are 3 new deals we found this week for you to check out.
Let’s explore!
🚀 Startup Spotlight
💰 Asking Price: $740,000
Dog eCommerce store selling CBD supplements
Type: eCom
✅ Key Highlights
$210,000 in TTM revenue
$126,519 in TTM profit
$17,500 in revenue last month
$10,000 in profit last month
Raised $123,000 on a Safe Note
🚀 Growth Opportunities
Pet Influencer Partnerships: Identify popular pet influencers on IG/TikTok, particular with those with a focus on pet health and wellness. Collaborate with these influencers to promote the CBD supplements, leveraging their audience and credibility to reach a wider audience.
Pet Therapy Programs: Establish partnerships with therapy dog organisations, veterinary clinics, and animal-assisted therapy facilities. Position the CBD supplements as a potential aid in managing anxiety and stress in therapy animals.
CBD education for veterinarians: Develop educational materials and programs specifically tailored for veterinarians, providing them with in-depth knowledge about CBD, it’s potential benefits, and safe usage in pets. Offer seminars, webinars, and informational resources to enhance their understanding and confidence in recommending CBD supplements to pet owners.
🚩 Cons
Negative Perception: Despite the growing acceptance of CBD products, there are still misconceptions and stigmas surrounding CBD usage, especially for pets.
💰 Asking Price: $207,000
Cross border money transfer App with API service for businesses to collect payment from customers.
Type: SaaS
✅ Key Highlights
$9,000 in monthly profit
5040 users
Over 9,000 transactions
Fully automated
🚀 Growth Opportunities
Targeting untapped markets: Start reaching out to more freelancers in Asia, a lot of nomad workers roam around places like Bali and would benefit from something like this.
Integration with online marketplaces: Integrate with places like upwork. Explore partnerships or integrations with these marketplaces that serve a larger demographic that would find your service helpful and easy to use.
🚩 Cons
Security and Fraud Concerns: Protecting customer data and ensuring secure transactions are paramount to maintain trust and reputation
Regulatory Challenges: Operating in the remittance industry often comes with stringent regulatory requirements and compliance obligations.
💰 Asking Price: $600,000
Simple, streamlined invoicing designed for SMBs and freelancers
Type: SaaS
✅ Key Highlights
$112,000 in TTM revenue
$96,894 in TTM profit
$10,399 in revenue last month
$9,261 in profit last month
🚀 Growth Opportunities
Industry-Specific Customization: Instead of targeting a broad range of industries, focus on a specific niche or vertical, such as plumbers, HVAC professionals or filmmakers. Customize the invoicing software to cater specifically to the unique needs and workflows of that industry.
Referrals: Offer exisiting customers discounts or lower transaction fee discounts if you refer other new customers to the platform.
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If you found one of the listings above interesting and wanted to ask more questions about it then reply to this email!
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