B

BloomTrac

SaaSB2B SaaS 2020

Event-florist software (formerly Ularas) built by a former florist to replace error-prone Excel pricing spreadsheets. At roughly $120k ARR and unprofitable during COVID, it was bought by competitor Curate in a $40,000 asset purchase that closed in about three weeks.

Financial Data

Asking Price
Undisclosed
Sale Price
$40,000 USD
Monthly Revenue (MRR)
$10.0K/mo
Annual Revenue (ARR)
$120,000/yr
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
0.3×

Exit Analysis

Priced against revenue rather than profit, BloomTrac sold at 0.3× annual revenue, below the 2.3× median across the 277 deals with a disclosed revenue multiple. Revenue multiples run higher than profit multiples because they ignore the cost of running the business, so they are only comparable between businesses with similar margins.

The $40,000 sale price puts it in the upper half of the 623 deals with a disclosed price here, where the median is $21,000. Most indie acquisitions cluster well under the headline numbers founders read about, which is exactly why a real distribution is more useful than an average.

This database tracks 362 SaaS exits, and the ones that disclosed a price sold at a median of $20,000. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.

From founding to sale took 10.0 years. Time to exit is a decent proxy for how built-to-sell a business was: shorter, cleaner processes usually mean documented operations and fewer surprises in due diligence.

See how this compares across the market on our market stats page, or browse more SaaS exits.

Exit Timeline

Founded
2010
Time to Exit
10.0 years
Platform
Direct

Founder

S
Sarah Hinton
Source
Other