$7K/Month SaaS Sold For How Much?

It was a bootstrapped, one-person business called XmartClock, founded in 2017 by Juan Fernando Rivero, who hails from Uruguay 🇺🇾

According to They Got Acquired…

XmartClock is a time and attendance platform that enables employers to set schedules, track from where employees clock in, and leverages facial recognition to verify workers’ identities…. At the time of its sale, XmartClock had more than 4,000 active daily users and 200 paying customers that generated the company about $7,000 in monthly recurring revenue, Rivero said, most of which was profit.

$7000 in MMR, and it sold for…

$250,000 😎

Juan is now publishing a series of articles detailing how he built his SaaS from zero to $7k MRR without investors, employees, or paid ads.