Comprehensive Telephone &
SMS Code Search Engine
List Price: $176,000 Business Sold
Industry-leading Telephone & SMS Code database and SaaS tool portfolio
- Revenue $60,578
- Net Income $50,971
- Founded 2016
- Business Model SaaS
- Time Commitment 1 hr/week
For sale is an extensive database and SaaS tool portfolio. Established in 2016, Shortcodes is an industry-leading directory of SMS shortcodes and cell phone numbers. Similarly, Reverse Number is a large database of telephone numbers. Both tools give users the ability to reverse lookup telephone numbers and SMS codes identify who is calling/texting them, verify that the number is legitimate, and to report scam and spam texts. Given that there were over 58 billion robocalls in the U.S. alone last year, these services are becoming increasingly necessary.
The business model is simple and has proven incredibly effective with minimal overhead and only requires 1 hour of work per week to manage. Consisting of advertising and subscription fees, the revenue in 2020 grew 24% vs 2019 and the profit margin is 84%. The average monthly profit has increased nearly 40% over the last 12 months making the forward-looking multiple considerably lower as this trend continues. Clear paths to future growth include adding new services for customers, affiliate marketing, expanding ad publishing, and social media advertising.
The sale includes several business domains, all software & associated IP, blog, the customer database, SOPs, and a future growth roadmap. After successfully running and improving the business, the owners, both serial entrepreneurs, have decided the time is right to pursue other projects.
If you are looking for a business with a proven value proposition, recurring revenue, and passive operations, this business is the perfect fit.
- Easy to Operate
- High Margins
- Significant IP Included
- Tech Work Outsourced
- Significant Growth Opportunity
THIS LISTING HAS BEEN SOLD
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