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- #8 - Startups for sale: Woofer AI, Pet Grooming Business, and, Coffee Shop
#8 - Startups for sale: Woofer AI, Pet Grooming Business, and, Coffee Shop
π Hey Team!
This is acquire weekly, the newsletter thatβs all about buying businesses! Because sometimes, buying a business is easier than starting one from scratch.
Every week we write this email where we share hand-selected list of businesses on sale from your favourite M&A marketplaces so you can save time and hassle.
Letβs explore!
π Startup Spotlight
Acquire profitable startups and side-projects on sale
π° Asking Price: $25,000
Turn any audio content into blog articles and summaries in 5 mins or less
Type: SaaS
β Key Highlights
Pre-revenue
Bootstrapped
π© Cons
Limited Market Validation: With it being pre-revenue itβs still not a validated concept and still in the MVP stage.
π Growth Opportunities
Email outbound sales: Send cold outreach to content agencies to get them on board to use the tool in exchange at a lower price point in order to get feedback and keep making the tool better till you can go more public with it.
Integrations: Start integrating with audio and video platforms to tap into a larger customer base.
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π° Asking Price: $430,000
The software was specifically designed to help pet groomers better run and manage their businesses.
Type: SaaS
β Key Highlights
$140,990 in revenue
$95,397 in income
π© Cons
Limited Customer Base: Despite having a suite of features that are tailored for pet groomers, the business currently only has around 160 paying customers. This could be a concern, as the potential market for pet groomers and boarders in the US alone is estimated to be around 310,000.
π Growth Opportunities
Established Facebook Group: The business has an established Facebook Group with over 10,000 members, which can be leveraged for marketing and customer engagement purposes.
Paid marketing: The 14-day trial period currently has an impressive 62% conversion rate to paid users. With paid media behind this offer, weβd expect the conversion rate to drop but still be quite a scalable option to grow the business.
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π° Asking Price: $375,000
Sustainable specialty coffee roastery sourcing their beans for more than 8 years directly from the Indonesian roots.
Type: ecom
β Key Highlights
$150,000 in TTM revenue
$40,000 in TTM profit
$10,000 in revenue last month
$3,500 in profit last month
π© Cons
Very limited cons available. Huge upside in investing or acquiring this brand.
π Growth Opportunities
Geographic expansion: Expanding to new markets by opening more coffee shops or partnering with more B2B clients in different regions. Hire a sales staff to start meeting with B2B clients and getting more bigger contracts on board.
Paid Ads: With 0% being spent on ads itβs the perfect time to start investing some of the profits in this initiative to help drive more scale and revenue for the business. Iβd recommend starting with retargeting campaigns based on all site visitors on a 180 day window.
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