Bootstrapped MicroSaaS Sold for $500K

About

Restpack is an API service that lets you take screenshots of webpages and convert HTML to PDF.

Their focus is on providing simple and easy-to-use APIs that can be integrated into various applications.

The Team

Restpack's founders are Arsen Nurmagomedov and Ekin Koc. They created this micro SaaS in 2017. Restpack had no employees.

• reference: https://kovan.studio/selling-saas-after-running-it-for-4-years/

Business Model & Revenue

Restpack makes money by charging for different subscription plans based on how much you use their APIs, with both free and paid options available.

Restpack had no employees, and according to the founders, their profit margin was 90%.

While they haven't disclosed their monthly revenue, they sold the business in 2021 for $500K.

They sold the business because the founders couldn’t find the time and effort to grow it.

• reference: https://blog.acquire.com/startup-acquisition-episode-7/

Distribution

From the traffic distribution channels, we notice that its main traffic comes from avena.io, which appears to be the acquirer's main site.

Tech Stack

• Backend Infrastructure: AWS