PropTech Mall Management SaaS — $6M ARR, 25K+ Tenants, 99.6% Retention

Profitable B2B SaaS for shopping centers and retail property owners. It streamlines tenant communications, operations, and customer engagement, making it mission-critical and highly sticky. Operating across Northern Europe with 300+ properties, 25,000+ tenants, and 1B+ annual visitors. Cloud-based, modular platform with fully owned IP. Experienced management runs the business; seller seeks a clean exit and smooth handover. Key Highlights ✅ ~$6M ARR; 20% YoY; TTM $2.29M revenue, $140k profit; last month $243k revenue, $94k profit ✅ 99.6% monthly retention; multi-year frame agreements with major property groups ✅ Scale: 300+ properties, 25k+ tenants, 1B+ shopper visits ✅ Modules: tenant comms, lease/ops automation, marketing tools ✅ Full IP ownership; cloud delivery; third-party integrations ✅ Growth: expand EU/Asia, cross-sell modules, partnerships, SEO, new features ✅ Manager-run, bootstrapped; low owner reliance; easy transition

Asking Price

$6.1M

Multiples

Asking Price Reasoning

The asking price reflects: Established 17-year track record in PropTech SaaS. Sticky, contracted SaaS revenue with 99%+ retention. Defensible IP and proprietary platform. Expansion runway across Europe and Asia, with subsidiaries already in place. The valuation multiple of ~3x revenue is in line with PropTech SaaS peers, supported by growth trajectory and defensible market position.

$2.3M last 12 months gross revenue

$393.1k last 12 months net profit

$179.2k last month gross revenue

$140.7k last month net profit

1,000-5,000 Customers

$6M ARR

+20% Annual Growth Rate

1-3% stable Churn Rate

Date Founded

January 2008

Team Size

Medium (21-100)

Business Model

Subscription
Business-to-business (B2B)

The company operates on a recurring SaaS subscription model, supported by regional frame agreements with major property owners. Revenue is generated through multi-year contracts covering: Tenant Communication – real-time announcements, updates, and collaboration. Lease & Operations Management – automating lease administration, compliance, and reporting. Customer Engagement – omnichannel campaigns, promotions, and digital marketing tools. Contracts are long-term and sticky, with a monthly client retention rate of 99.6% in 2024

Tech Stack

Swift
MERN
Firebase

Proprietary Retail Real Estate Management Platform – fully developed in-house, modular, and scalable. Cloud-Based Infrastructure – integrations with external APIs and systems, reliable delivery for large property groups. Automation & Efficiency – digital-first workflows that unify tenant communication, operations, and marketing. IP Ownership – full intellectual property rights to the SaaS platform are included in the sale

Growth Opportunities

Expand to new markets
New product features
Social media marketing
Focus on SEO

Geographic Expansion – build on Nordic/Baltic stronghold to grow across Europe and Asia. Cross-Selling – upsell existing clients into additional modules (marketing automation, advanced analytics). Partnerships & Integrations – expand platform stickiness via third-party system integrations. International Subsidiaries – potential to negotiate ownership or revenue rights from excluded Asian subsidiaries for added upside

Competitors

Mallcomm
Coniq
Placewise Digita
Reflexis Systems

Key Assets

Intellectual property
Website
contracts
Employees

Selling Reasoning

Lifestyle change

The founder is pursuing a full exit to allow a strategic buyer to scale the business globally. Management is in place, with an experienced leadership team already running day-to-day operations.

Financing

Bootstrapped

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PropTech Mall Management SaaS — $6M ARR, 25K+ Tenants, 99.6% Retention

Seller details

Startup details

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