$1,022,090
$207,816
2.88x
Launched in 2020, this business has seen a 98.7% YoY increase in SDE and a 44.4% YoY increase in revenue. This business sells a premium KVM (keyboard, video monitor, and mouse) product they developed over the years through regular new product releases with new features and overall improvements.
The owner has built a team of six to support and grow the business. The team consists of two software developers, two support engineers, and two customer success agents. An outside firm in Vietnam now handles all of the production and assembly of the product, which will make it easier for a new owner to take over the operations of the now fully remote team.
The end users love the product, as seen in reviews and forum discussions, and there are numerous growth opportunities a new owner could pursue to grow this business even further. The owner is a software developer who created the first product version as a technical challenge and built it into a real business. Now, almost four years later, he is looking to sell so he can spend less time being a manager and get back into software development, which is the work he enjoys most.
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Chris Guthrie has a decade of experience in building, buying, and selling online businesses across numerous industries. Chris has experience with building and buying content websites monetized via advertising and affiliate marketing, partnering with developers to create a SaaS business as well as creating WordPress plugins and themes, selling physical products on Amazon and more.
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