Buying a Saas for 50k?

[swordofpeace]

@kobbyclaude OP says he already has proof of concept built. Maybe as a software engineer he can build it on his own?

 

[zuby]

@wisprof Lol. No. $5 cpa is nuts.

 

[nineteenkilo]

@wisprof You think OP can acquire clients for less than $5 each? What is your basis for this pricing?

 

[wisprof]

@nineteenkilo "Probably". Most likely though considering the app already generated 10k users and half are active (if accurate). There's clearly demand for whatever the app does.

OP mentioned these are free sign ups, not clients. Not uncommon to get sub $1 CPA for these via FB ads.

 

[laura_d]

@bod2411 If the $10K/yr came from paying users, I’d say go for it. But since there’s 0 paying users, I wouldn’t do it. You’re basically paying $50K for a marketing channel. As is, you’d make a profit after 5 years. As a software developer I’d bet you could do at least $10K/yr on a product within 5 years building it from scratch.

 

[bod2411]

@laura_d Thanks I appreciate that!

 

[mssonya84]

@bod2411 It's better if you see the TAM is good and answer questions like why is he/she/they/them selling?, How did go about aquiring all these 10,000 users?, Is the customer feedback data and everything stored in a database, etc.,

All these would be something that I would look for

 

[bod2411]

@mssonya84 Noted. Thank you!

 

[remysheppard]

@bod2411

Noted. Thank you!

You're welcome!

 

[raffy313]

@bod2411 What niche? Also I have similar metrics and selling my micro Saas for way cheaper if you are interested

 

[bod2411]

@raffy313 Basically a marketing channel. It would fit into an attraction stage of a flywheel product I’d been working on

 

[cwang2680]

@raffy313 Maybe we could do a JV partner kind of thing. Tell me more about what you do in DM.

 

[raffy313]

@cwang2680 Hey! What kind of terms are you looking for in a JV? I think my product can scale to six figures with a bit of investment