Sell your business

Education Technology w/38K Active Users/Mo

17 September 2020
  • Saas

Annual revenues

$640,000

Annual profit

$494,000

Multiplier

x 3.98

Asking price

$1,965,000

For sale is a reputable and mature SaaS business in the education and remote work technology niches with over a decade of operational history.

Launched in 2010, the business has established itself as a leading provider of smart whiteboard technology used for educational and workplace collaboration purposes. With a powerful API and a focus on ease-of-use, the business delivers unrivaled functionality, appealing to thousands of educators, businesses, and developers alike.

As the education technology niche continues to grow at a meteoric rate (expected to double in size over the 2019 to 2025 period to reach $341 billion in annual sales by 2025) and the effects of the Covid-19 pandemic on workplace collaboration and structure become permanent, the business is optimally-positioned to capitalize on these dynamics and continue scaling.

As a pioneer in the space, the business has built up a clear competitive advantage, securing impressive reviews across third-party sites and attracting a long list of reputable clients. With steady revenue expansion and high margins, a new owner will have plenty of resources to invest in growth.

The business presents a unique acquisition opportunity for a new owner to take over a SaaS business in the lucrative and growing ed-tech niche. With a leading brand, stellar reviews, and a long list of noteworthy clients, the business is primed to continue scaling.

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