Shopify App startup
Turkey
Profitable, top-rated, low-maintenance Shopify Theme business
Asking Price
$2.7M
Multiples
2.0x profit 1.8x revenue
The asking price divided by TTM net profit and TTM gross revenue.Learn more about multiples
Asking Price Reasoning
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$1.5M
last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$1.4M
last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$88.6k
last month gross revenue
Last Months Profit
Total net profit last month.
$77.1k
last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
5,000+
Customers
Annual Recurring Revenue
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$840k
ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+5%
Annual Growth Rate
Churn Rate
The percentage of paying customers lost over the last 12 months.
10%+ stable
Churn Rate
Web traffic by Google Analytics
Company overview
Date Founded
January 2013
Team Size
Small (2-20)
Business Model
- Ecommerce
Tech Stack
- Shopify
Growth Opportunities
- Increase digital marketing
- Social media marketing
- Increase content marketing
- Increase pricing
Competitors
- Wecommerce
- Maestroo
- Archetype Themes
- Clean Canvas Ltd
- Groupthought
- Fluorescent Design Inc.
Key Assets
- Website
- Brand
- Intellectual property
- Domain
- Customers
- Codebase
- Social media accounts
- Copyright
Acquisition details
Selling Reasoning
- Partner or family needs
- Financial gain
- Lifestyle change
Financing
- Bootstrapped