Paid per minute or per appointment audio/video/txt chat for psychics, astrolgers, therapists etc.

Platform that offers individuals or teams of consultants in different industries (therapy, psychic readings, astrology, financial advising, entertainment, the adult industry, etc) the tool (web platform + ios app + android app + customizable website integration widget) through which they can seamlessly offer their clients paid per minute or per appointment audio, video, text chat services. We also offer a widget that they can customize with their own branding (logo, colors) and easily integrate onto their website just by copy pasting a code snippet. ✅ iOS/Android apps + web app ✅ team management ✅ paid per minute instant sessions or fixed price appointments (booking system) ✅ profile page/link for each consultant ✅ automatic payments - Stripe ✅ billing ✅ audio/video/txt chat ✅ recordings ✅ rating and reviews ✅ customizable website integration widget

Asking Price

$109k

Multiples

Asking Price Reasoning

As a software development agency, we have invested more than $500k into the development of this platform/software and have already sold white label versions ($99k each usually) to a few businesses that are currently operational. We also use the technology for Loki (our own side business which is the subject of this selling). Loki started having some decent numbers (100% growth from year to year in the past 2-3 years, although we have done 0 marketing; we have a profit margin of 60%, the only main cost being the payment provider Stripe). The best market fit seems to be in the psychic and astrology readings industries, but can be promoted just as well in therapy, adult entertainment, or any kind of industry where services can be offered through audio/video/txt chats. We'd prefer to leave it in the hands of somebody who is good at marketing and knows how to grow it. HOW TO READ FINANCIAL DOCUMENT (STRIPE REPORT): Loki's profit is 9% from the amount BEFORE stripe fees.

$29k last 12 months gross revenue

$17.5k last 12 months net profit

$1.4k last month gross revenue

$800 last month net profit

< 10 Customers

$25k ARR

+100% Annual Growth Rate

1-3% stable Churn Rate

Date Founded

November 2022

Team Size

Small (2-20)

Business Model

Business-to-business (B2B)
Licensing
SaaS

B2B Saas directed to businesses or individuals that offer paid per minute or per appointment audio/video/text chats. Seems to work best in the psychic and astrology readings industry. Platform retains a 15% commission from revenue. Sellers advertise their profiles and bring their own clients in the platform. We're not a marketplace, although the platform can be converted into one if that's your thing. We just didn't want the headache of a marketplace, especially since we're not that good at marketing :)

Tech Stack

React, Firebase, Node, Swift, Kotlin, AWS

Growth Opportunities

Increase pricing
Improve conversion rates
Expand to new markets
Social media marketing
Increase digital marketing
Hire a B2B sales team
Add new product features

Competitors

https://premium.chat

Key Assets

Website
Mobile application
Codebase and IP

Selling Reasoning

We are a team of tech and product guys. We're not good at marketing or selling, nor do we want to be. We want our product to go into better hands. In addition, as a founder I find myself spread too thin between businesses + growing a 1 year old, while expecting another child :).

Financing

Bootstrapped

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Paid per minute or per appointment audio/video/txt chat for psychics, astrolgers, therapists etc.

Seller details

Startup details

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