Startup Sphere Weekly #58

Welcome back to Startup Sphere - the weekly newsletter that brings you profitable business ideas & acquisition opportunities.

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Without any further ado, let’s get into this week’s businesses ⤵️

Weekly Rundown

Shopify store spy tool

Asking Price: $149,000
TTM Revenue: $40,000
TTM Profit: $36,000

Honestly, any tool that helps you “spy” or track your competitors is usually a win. Being able to position the product in a “copy your competitors” frame makes it an easy sell.

This business for sale is called Spysales, a tool that tracks Shopify stores, their revenue, sales, average order value, etc.

The main pitch is that this tool helps you find winning products, so you can copy and sell them.

I’m not 100% sure how the technology actually works, but I can definitely see the value. This can save e-commerce stores operates hours of product research.

And the best part? 95% of the traffic is organic.

→ view the listing here

*****

CRM solution for Trello

Asking Price: $503,080
TTM Revenue: $162,000
TTM Profit: $125,000

I’m generally a big fan of building a business/software on top of an existing platform. Aside from the obvious platform risk (cough Twitter cough Reddit), it gives you so many advantages when it comes to reaching your target audience.

Since your ideal customer is already using said software that you are building on top of, you just have to reach them.

This business specifically is something I haven’t seen before - a CRM built on top of Trello. The business is called Crmble.

I think this is a cool concept, and it lets you build a custom CRM without needing to code it from scratch.

I think the website can use some updating, but they have 269,259 users, which proves there is clearly an appetite for this solution.

→ view the listing here

*****

Social handle acquisition service

Asking Price: $2,800,000
TTM Revenue: $1,200,000
TTM Profit: $754,000

Making money on social media goes so many levels deep.

This business is an agency that helps brands acquire/purchase social media accounts.

Clearly, this isn’t the lowest barrier of entry business to get into, but I thought it does a good job of demonstrating how many different ways there are to make money.

The agency has 50-100 customers and makes $1.2 million per year, so every customer pays between $10,000-$20,000. I assume that’s for one transaction.

Needless to say, this business requires a lot of connections and know-how. But it is definitely a great example and reminder that there are more than a couple of ways to make money in any given niche.

→ view the listing here

Cast Your Vote

Last week’s results: 75% of voters chose none of the featured businesses as the best business to acquire. Read last week’s newsletter here.

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Till next week ✌️

— Vlad