30 Jan Acquisitions Anonymous: Why This $2.5M SaaS Deal Could Be a Hidden Gem (or a Trap)
This week, Michael Girdley and Bill D’Alessandro break down a SaaS deal out of Florida that’s serving real estate brokerages with back-office automation and e-sign tools. The business is generating $1.4M in revenue and $617K in profit—but it’s shrinking fast, with a -17% annual growth rate.
Key Highlights:
– Asking price: $2.5M for $617K in profit (4.1x)
– Serving real estate brokerages with e-sign and transaction management tools
– -17% YoY revenue decline raises red flags
– Customer churn sits at 1–3% monthly
– Massive TAM but no clear go-to-market engine in place
