SaaS Finland verified NEW

PropTech Mall Management SaaS — $6M ARR, 25K+ Tenants, 99.6% Retention

Asking price
$6.1M
Revenue
$2,315,650
Profit
$393,083
Growth
20%
Churn
1-3%
Customers
1,000-5,000

Description

Profitable B2B SaaS for shopping centers and retail property owners. It streamlines tenant communications, operations, and customer engagement, making it mission-critical and highly sticky. Operating across Northern Europe with 300+ properties, 25,000+ tenants, and 1B+ annual visitors. Cloud-based, modular platform with fully owned IP. Experienced management runs the business; seller seeks a clean exit and smooth handover. Key Highlights ✅ ~$6M ARR; 20% YoY; TTM $2.29M revenue, $140k profit; last month $243k revenue, $94k profit ✅ 99.6% monthly retention; multi-year frame agreements with major property groups ✅ Scale: 300+ properties, 25k+ tenants, 1B+ shopper visits ✅ Modules: tenant comms, lease/ops automation, marketing tools ✅ Full IP ownership; cloud delivery; third-party integrations ✅ Growth: expand EU/Asia, cross-sell modules, partnerships, SEO, new features ✅ Manager-run, bootstrapped; low owner reliance; easy transition

Tech stack

Proprietary Retail Real Estate Management Platform – fully developed in-house, modular, and scalable. Cloud-Based Infrastructure – integrations with external APIs and systems, reliable delivery for large property groups. Automation & Efficiency – digital-first workflows that unify tenant communication, operations, and marketing. IP Ownership – full intellectual property rights to the SaaS platform are included in the sale

Business model

The company operates on a recurring SaaS subscription model, supported by regional frame agreements with major property owners. Revenue is generated through multi-year contracts covering: Tenant Communication – real-time announcements, updates, and collaboration. Lease & Operations Management – automating lease administration, compliance, and reporting. Customer Engagement – omnichannel campaigns, promotions, and digital marketing tools. Contracts are long-term and sticky, with a monthly client retention rate of 99.6% in 2024

Growth opportunity

Geographic Expansion – build on Nordic/Baltic stronghold to grow across Europe and Asia. Cross-Selling – upsell existing clients into additional modules (marketing automation, advanced analytics). Partnerships & Integrations – expand platform stickiness via third-party system integrations. International Subsidiaries – potential to negotiate ownership or revenue rights from excluded Asian subsidiaries for added upside

Competitors

Mallcomm Coniq Placewise Digita Reflexis Systems

Highlights

Intellectual property Website contracts Employees

Reason for sale

The founder is pursuing a full exit to allow a strategic buyer to scale the business globally. Management is in place, with an experienced leadership team already running day-to-day operations.