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- Startup Sphere Weekly #32
Startup Sphere Weekly #32
A business making $21,000/month in the gaming niche. ALSO: A Walmart SaaS selling for $350,000.
Vlad Verba
August 07, 2024 • Estimated Reading Time: 6 minutes
Hey it’s Vlad,
welcome back to Startup Sphere, a 5-minute weekly digest about online businesses selling for life-changing amounts of money.
Thank you to the 172 new subscribers who joined this week. I hope you learn a lot from this newsletter and eventually acquire or sell your own business ✊
Announcement
Last week I announced my idea for a market research tool for business ideas based on data scraped from Fiverr.
I got a couple of preorders, so I’m starting to work on the project and hope to get it out to the pre-orders within the next month.
If you want early access, and 50% off for lifetime access, you can click here to book your spot.
Let’s get into this week’s business rundown 🫡
Weekly Rundown
Rank-boosting service for gamers
Asking Price: $150,000
TTM Revenue: $255,000
TTM Profit: $55,000
This might be one of the most interesting listings I’ve come across.
The business for sale is a service for competitive gamers. The company offers gamers “rank advancement“ services. This seems to include everything from strategic insight to just having someone play on your account on your behalf.
The gaming niche is so big, so it makes sense to me that services like this exist. Many games have extremely devoted fanbases (League of Legends is an example). These users are always looking to get better and rank up, and it seems like they are willing to pay for it.
I think this business is virtually risk-free. The industry will be around for a long time, and there will always be new games that people want to rank up in.
The business gets close to 10,000 visitors every month and has an email list with over 7,500 subscribers.
Competitors include Boosting Market, BoostRoyal, and EloBoost24.
Scrum master bootcamp
Asking Price: $200,000
TTM Revenue: $1,280,000
TTM Profit: $144,000
Tech boot camps have been growing in popularity, since they can provide customers with the information needed for a job in tech, at a fraction of the price compared to university.
The business for sale is a boot camp specifically for aspiring Scrum Masters.
The business was started 2 years ago but recently started growing in revenue, hitting as much as $165,000 in a single month. I am not sure if this is enough history for the business to be confident in its ability to grow further.
I’ve been seeing a lot of “break into a tech job“ influencers getting popular on TikTok. A business like this would be a good opportunity to partner with those influencers since they can promote this boot camp as a way to break into tech.
Overall, I think this is a lucrative niche, but I think it’s worth talking to the current owners about what they did to grow, and where they see the future of this business going.
SaaS for Amazon and Walmart sellers
Asking Price: $350,000
TTM Revenue: $251,000
TTM Profit: $83,000
The company for sale is SellerMobile - a SaaS platform for Walmart and Amazon sellers.
The company aims to help sellers make more money and increase efficiency by setting up automation, inventory analytics, product re-pricer, and more.
The company was founded in 2011 and has served over 30,000 customers. This is a solid track record and shows promise for the niche and the business.
The business also offers plans at multiple price points, ranging from $20/month to $150,000/month.
Something to note is that the profit margins are around 33%, which seems low to me for a SaaS. This is something worth asking the current business owner(s) about.
Cast Your Vote
Which business would you acquire?Vote below and tell us why: |
Last Week’s Poll
The results are in: Every business in last week’s edition got some love, but the Amazon discount SaaS took the win with over 61% of the votes.
Startup Sphere Pro
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Micro Roundup
Design and development agency with 6 customers (link)
Finance newsletter with 80,000 subscribers (link)
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Thanks for reading this week’s edition of Startup Sphere. I’m looking forward to building this newsletter and giving this newsletter’s readers the tools they need to succeed in business.
As a reminder, if you want to get 50% off (and early access) to my business market research tool, click here to book your spot.
Till next week homies ✌️