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Executive Summary SAAS Web conferencing platform for Businesses

9 August 2018 14 March 2019
  • Saas

Annual revenues

$72,000

Annual profit

$40,000

Multiplier

x 9.75

Asking price

$390,000

Property Description

This business for sale provides web conferencing, webcasting and webinar services to small, medium and large businesses. Currently it is operated from Los Angeles California, but can operate from anywhere in the world.

Company has developed a proprietary platform for web conferencing which allows internet connected users to conduct real-time video chat, share files and collaborate. Company has 2 unique sets of code-base. Code- base 1 is used to deliver web conferencing via Google platform and code-base 2 utilizes WebRTC technology to deliver web conferencing via a web browser.

The company is s a Google partner and they have access to various Google events and product offerings, as well as ability to resell various Google products and use their logo on the website.

Over 618,930 enterprise users, including many Fortune 1,000 companies, schools and universities, and nonprofit organizations. Data includes: first name, last name, email address, google ID, user domain,
Customers: 300 active, paying customers. All customer data sits inside Zoo CRM/Billing Platform – and can easily be managed/migrated.

Reviews: one of the most popular apps in the Google Apps Marketplace with over 1.8 million users.

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