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SaaS Startup United States
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Education Marketplace and Community for Creators

P&L Documents (1)Supporting files (6)
Asking Price
Open to offers
Multiples
0x profit 0x revenue
Annual Growth Rate
-5.6852332000310986%
TTM Revenue
$472.2k
Profit
$90.2k
Last Month's Revenue
$56.2k
Profit
$16.3k

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United States

Education Marketplace and Community for Creators

Profitable SaaS platform with $472,204 in TTM revenue and $90,150 in TTM profit featuring a marketplace that offers a tool built for working directly with active industry professionals, helping them craft expert courses to offer to build a better offering, faster. We create opportunities to learn, train, and earn money for both new and expert creators. ✅ $472,204 in TTM revenue ✅ $90,150 in TTM profit ✅ $56,182 in revenue last month ✅ $16,265 in profit last month ✅ Competitors: Edge Studio, Gravy For the Brain, Strawberry Hill Music
Asking Price
Open to offers
Asking Price Reasoning
This company is 25 months old, grew to about $450k per year in one-off transaction + saas in 12 months and has since been stagnant. The founders have been mostly hands-off on this company doing other things for the last 12 months. Please note that the quickbooks TTM profit includes the owners' dividend. The profit margin of the company is between 10-40% at the current model.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$472.2k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$90.2k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$56.2k last month gross revenue
Last Months Profit
Total net profit last month.
$16.3k last month net profit
Customer metrics by
Customers
Total unique customers who have made a purchase.
1k Customers
Annual Recurring Revenue
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$224k ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
-5.6852332000310986% Annual Growth Rate
Company overview
Date Founded
August 2021
Team Size
Small (2-20)
Business Model
Amateur Creators (Demand) 1. Members sign up and buy a yearly plan with credits they can use to enroll in courses. Starting at $150 per year up to $500 per year 2. They are retained by hosted Events both lectured-based and participation-based, Discussions, New Courses, and Job Postings Expert Creators (Supply) 1. They are given a rev-share on enrollments in their courses. The business makes anywhere from 10% to 50% margin in rev-share. Experts are invite-only at this time. 2. If their courses perform well (we work with them on revisions), they can offer workshops for more direct payments from Demand. We currently take no revenue other than covering processing fees. In-house Studio 1. Half of our revenue comes from using our own members as a roster for casting and production. It gives Amateurs who have been with us the opportunity to earn back what they've spent with us. We take a 10% cut on all productions currently.
Tech Stack
React, Rails, Heroku, Postgres
Growth Opportunities
  • Increase content marketing
  • Hire a B2B sales team
  • Increase digital marketing
  • Expand to new markets
  • Social media marketing
  • Add new product features
  • Improve conversion rates
  • Increase pricing
  • Focus on SEO
This business has only been around for 11 months and is run by two people - a technical cofounder and an entertainment industry veteran. Marketing Opportunities: We have done very little marketing. We have not optimized SEO, have not tried social other than creating a Twitter account, and have done no paid ads. We have not tried to use the following of some of our Expert Creators. We are exploring partnerships in the next 3 months with various competitions and conferences. Our largest source of inbound (about 90%) comes from a collab platform, which is owned entirely by the technical cofounder. Other inbound comes from word of mouth (about 10%). Conversion Rates: We have not tested pricing other than keeping it low enough that we try to fill each course that we offer. Market Expansion: 90% of our courses are voice acting related currently (anime characters, audiobooks, youtube videos, dubbing, etc). We have expanded into audio engineering to prove that we could and are looking to move into comic illustration next. Natural adjacent markets are writing, speaking, music, acting, video production. Company Facts: New creators face two problems: 1. The creator market is saturated with 'edutainment', not education. 2. Traditional education routes are expensive and often out of touch. Creator experts face problems as well: 1. They are too busy to build a following except non-qualified leads (fans). 2. They are not trained to educate. 3. They are unsure of their legacy once their fame has passed, so they want to boost their brand in other ways.
Competitors
  • Edge Studio
  • Gravy For the Brain
  • Strawberry Hill Music
Key Assets
  • Social media accounts
  • Domain
  • Customers
  • Codebase and IP
  • Brand
  • Marketing materials
  • Website
Acquisition details
Selling Reasoning
There are two cofounders. The technical cofounder is a 'serial entrepreneur' and has too much on his plate at the moment with this other companies. He runs the technical product/engineering, marketing, analytics, support, and operations. The non-technical cofounder is the industry expert. He eats, sleeps, and works in the creative industry for the last 15 years. He may be interested in staying onboard given the right buyer, or potentially retain some ownership, lowering purchase costs. He runs the quality of the education, the in-house studio, and partnerships.
Financing
Bootstrapped

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