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Shopify App Startup Australia
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Shopify shipping app for merchants to create custom free shipping rules and discounts

P&L Documents (1)
Asking Price
$296.5k
Multiples
3.5x profit
The asking price divided by TTM net profit.
Learn more about multiples
3.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Annual Growth Rate
+33%
TTM Revenue
$89.4k
Profit
$84k
Last Month's Revenue
$7.5k
Profit
$7.5k

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Australia

Shopify shipping app for merchants to create custom free shipping rules and discounts

This profitable Shopify app helps online stores increase conversion with flexible free shipping and discount offers. Merchants can create targeted rules based on cart value, customer type, and shipping destination, making it easy to boost average order value and improve checkout performance without needing a premium Shopify plan. Built as a simple self-serve product, the business has strong recurring revenue, high margins, and a large customer base. It solves a clear ecommerce need, is easy for merchants to adopt, and gives a buyer several straightforward growth paths through content, SEO, and paid marketing. Key Highlights ✅ $85K ARR, $89K TTM revenue, and ~$84K TTM profit ✅ Growing 33% YoY with $7.5K in last month revenue and profit ✅ 1,000-5,000 customers in a proven Shopify app category ✅ Solo-run, streamlined operation with very low overhead ✅ Helps merchants increase conversions with targeted shipping incentives ✅ Clear upside through SEO, content marketing, and digital ads
Asking Price
$296.5k
Multiples
3.5x profit
The asking price divided by TTM net profit.
Learn more about multiples
3.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
The $297k asking price represents a 3.5x annual profit multiple, supported by $85k in recurring annual profit, low monthly churn (~3%), and minimal operational overhead (~5 hours per week). The app has an established customer base, consistent revenue, strong margins, and clear growth opportunities through marketing, SEO, and feature development. It offers a buyer a profitable, proven SaaS business with limited ongoing maintenance and significant potential to scale.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$89.4k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$84k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$7.5k last month gross revenue
Last Months Profit
Total net profit last month.
$7.5k last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
1,000-5,000 Customers
ARR
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$85k ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+33% Annual Growth Rate
Churn Rate
The percentage of paying customers lost over the last 12 months.
3-5% stable Churn Rate
Company overview
Date Founded
January 2024
Team Size
Just me (1)
Business Model
  • Business-to-business (B2B)
Tech Stack
  • Node.js
  • React
  • Shopify
Growth Opportunities
  • Increase content marketing
  • Focus on SEO
  • Increase digital marketing
Competitors
  • Free Shipping Discounts ‑ SC
  • Octolize Shipping Discounts
Key Assets
  • Website
  • Codebase
  • Intellectual property
  • Brand
  • Customers
Acquisition details
Selling Reasoning
  • Financial gain
  • Lack of time
Financing
  • Bootstrapped

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