Asking Price: $1,450,000

This business is a SaaS platform serving lenders, property managers, and municipalities that need up-to-date, accurate information related to short-term rentals (STRs). The monitoring it provides is increasingly necessary for doing business in this lucrative and growing market. Revenue has doubled since 2022.

The business provides a SaaS platform that delivers short-term rental (STR) compliance intelligence for residential properties. Its primary customers are mortgage lenders, who use the platform to verify regulatory compliance during underwriting and due diligence. Property managers leverage the platform to identify unauthorized short-term rentals and enforce lease restrictions. The platform has also demonstrated applicability for municipal compliance programs. As short-term rental activity continues to grow, the need for reliable, automated compliance intelligence is expected to increase across multiple end markets.

The business offers buyers the opportunity to acquire a growing, cash-flow-positive SaaS business serving a well-defined niche with recurring demand and an established customer base. Growth has been driven primarily through organic channels, with minimal investment in paid advertising, resulting in a consistent stream of inbound leads. A buyer with experience in account-based marketing, outbound sales, or paid acquisition could further accelerate customer growth through targeted sales and marketing initiatives.

Mortgage lenders represent the business’ fastest-growing customer segment, with revenue from this market doubling year over year. As investment in short-term rental properties continues to increase, lenders require reliable compliance information during underwriting and due diligence. The business is well positioned to continue serving this market and has opportunities to expand into adjacent compliance and risk intelligence products for existing customers.
During the past year, the Company experienced the loss of two large customers representing approximately 15% of ARR (~$67k ARR). These departures were driven by customer-specific circumstances rather than competitive displacement or service issues. One customer was a municipal client that lost budget, while the other had not identified any short term rentals in their community, proving that there was no need to address the issue for the property management client. This churn is reflected in all financial and ARR projections. The remaining customer base has remained stable, and management has continued to add new customers while expanding its presence in the lender market.
The current owner has spent the past three years modernizing the business’ technology platform and operational processes. Software development and data validation are performed by experienced contractors, allowing the business to operate without a large internal team. A new owner should be able to learn day-to-day operations within approximately one month, making for a straightforward transition.

The seller has owned the business for three years, rebuilding the underlying applications. He is ready to move on to a new challenge. Everything is operated with contractors for software development and for data validation. Depending on time and experience, a buyer could learn operations in under one month.