Asking Price: $4,200,000

Established in 2018, this vertical B2B SaaS platform for HOA (homeowners association) management has $700K ARR (annual recurring revenue), up 78% year-over-year, with 112%–115% net revenue retention.

The platform serves over 500 communities nationwide, providing essential workflows for reporting violations, submitting architectural requests, and online voting—all integrated with QuickBooks Online for seamless accounting flexibility.

The business has grown efficiently with a lean, entirely remote operation. Monthly revenues increased from $45,000 to $65,000–$70,000 by the end of 2024 despite minimal marketing investment.

With an impressive $60,925 customer lifetime value and a 30% demo-to-paid conversion rate, the unit economics are exceptional.

The business uniquely serves both self-managed HOAs (75%) and property management companies (25%). This diversification reduces customer concentration risk, which was further improved in 2023 when the founders strategically replaced two large, high-maintenance customers with approximately 40 smaller, more profitable ones.

Multiple immediate growth opportunities exist. Normalizing pricing across legacy accounts could add over $200,000 in ARR, while the newly launched payments functionality (February 2025) is already showing an 8%–9% adoption rate. The business also maintains a healthy sales pipeline with increasing demo volumes.

The founders operate the business in 30–35 hours a week, supported by US-based contractors for customer support, marketing, and development. All processes are well-documented for a smooth 60–90-day transition, with the founders available for continued consulting if needed. A buyer with sales and marketing resources will find this business is an ideal acquisition—strong recurring revenue in a nondiscretionary market, top-tier retention metrics, and multiple growth levers with minimal execution risk.