Huthmeyer acquired Auto Forward SMS for $7,500 after prior deal collapsed
Norbert Huthmeyer · Hacker Buys a SaaS Project for $7,500, Now Does $120,000 in Revenue · May 8, 2022 · at 2:38
Micro-SaaS entrepreneur Norbert Huthmeyer recounts to Nathan Latka how he acquired Auto Forward SMS on Flippa.
0:00 / 0:12exact quote · 12.8s
720p mp4 · rendered on demand · StarZero watermark
“I bought it for seven and a half grand, I think, because the owner had the deal lined up, but the guy who bought it, like bought it, Before me, never sent the money, never did the transfer.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Norbert Huthmeyer
Huthmeyer: Micro-SaaS acquisition targets are currently overvalued
“Spent a lot of time, quite frankly, so far valuations are really high. So I wanna, you know, it doesn't help me to buy something that's overvalued.”
Auto Forward SMS generates slightly over $10,000 in monthly recurring revenue
“It's just a little bit more than 10, 10 K USD.”
Auto Forward SMS relies entirely on organic search with zero paid marketing
“I don't do any paid marketing or anything. I'm purely, you know, people find it on, on Google.”
Auto Forward SMS reports 8% monthly churn and 15% monthly growth
“So churn is at eight percent right now per month, which is quite high by SAS standards, I think, but it has been growing like, I want to say, 15% per month over the past year.”