New to WIP?

We're a group of makers shipping together. We help each other stay accountable and reach our goals.

Apply for access
Other questions
How do you split your time between building and marketing? 5 answers
Anyone successfully build a consumer app with lots of competition? Be the first to reply
Agency Identity Crisis: "Dmitry" or "The Company"? 12 answers
Any horror stories about Lemon Squeezy? 17 answers
Back
Question
Asked

Have you bought a SaaS business before?

I'm thinking about buying a Shopify plugin, theme or store that's already making money. Has anyone here done that? Do you suggest it?

I am good at building products but not marketing, so I was thinking this would be a good jumpstart to get product market fit.

Elijah Murray
@user1165

๐Ÿ‘‹ Join WIP to participate

Daniel Meade
@danielmeade

I haven't, but I've often considered it. I'd like to know others experiences around this also.

I think for me the barrier is in justifying the upfront cost + running costs + maintenance time reqd vs the MRR. Typically SaaS co's (that I've seen) for sale want a valuation == 2 years MRR.

Reply