Microns: New Micro Startups For Sale 🚀 - How to Estimate SaaS Project
This week was super cool.
One deal happened, and the Tinder swipe bot project was sold.
I published new changes to the website. Added wall of love and recently sold projects.
And of course, the main story of this newsletter is how I estimate the price of the SaaS project.
I am super impressed with how things are going on. And you?
Welcome to the 23 new people joining this week!
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🎲 How to estimate SaaS project
I want to share some insights on how you can estimate the SaaS project.
This method is universal, but it isn't suitable for all of the cases. For example, you can't estimate other types of projects like newsletters or communities.
So, let's start.
Take your trailing 12 months income and subtract your expenses.
For example, you got $3,500 in revenue in the last 12 months minus $500 for ads, domain, and hosting. The result is $3,000. This is your annual profit.
Then multiply it by 2-5. The multiplier depends on a variety of factors. The most common multiplier I see is equal to 3.5.
Therefore we can multiply our $3,000 by 3.5 and get a $10,500 asking price.
But of course, that is only applicable for SaaS projects.
🤑 Recently acquired startup
This week we sold one more startup.
I am so happy that Tyler found a buyer for his Tinder bot project.
Let me share his testimonial with you:
Extremely grateful to have my website sold quickly after being listed on Microns (I heard about it from Product Hunt).
Not only was the process of getting listed super simple, but I heard back from interested buyers very quickly (within 1-2 weeks post listing).
Seriously would recommend anyone serious about selling their website to check on Microns.
🌹 New website changes
This week you can find two new sections on the Microns website.
First, I added a wall of love, where we put Twitter testimonials from our users.
Second, the section about recently sold projects. You can see basic details of newly acquired projects.
I think they look fabulous.
Let me know what you think. Would love your feedback.
📰 Looking for new owners
500+ verified courses
Perfect for self learners
Built with Softr
Founded in 2021
Landing page: selfschool.me
🔥 Asking Price: $1,000
12k visits per month
Perfect for plant stores and plant lovers
300+ people in the Slack community group
Built with React and NextJS
Founded in 2019
Landing page: chooseyourplant.com
🔥 Asking Price: $15,000
$50,000 in ARR
Business model: freemium subscription service
Perfect for Alexa device owners, mostly in the US
Built with Voiceflow
Founded in 2019
Landing page: relaxingsleepsounds.com
🔥 Asking Price: $300,000
💡 Wisdom from subscriber
💌 Share with a friend
If you found value in reading this issue, please consider sharing it with your friend.
Let me know if you have a story about selling, buying, or partnering on the project. I will cover it here so other readers can learn.