BoringCashCow

Discover Boring Businesses that Quietly Rake in the Cash

One-person Business Sold for Six Figures

About

Xmartclock is an employee time tracking system that helps businesses monitor and manage employee hours efficiently.

home.jpg

The Team

Xmartclock was founded by Fernando Rivero in 2017 and has remained a one-person business since then.

team.jpg

Business Model & Revenue

Xmartclock uses SaaS model, generating revenue through monthly recurring revenue (MRR) from paying customers.

The company was sold to KarbonPay, a payroll tech firm, for more than $250,000. It was generating $7,000 a month at the time of the sale.

revenue.jpg

  • reference: https://theygotacquired.com/saas/xmartclock-acquired-by-karbonpay

Distribution

Local SEO has become the top new traffic source for Xmartclock.

traffic.jpg

It has some top-ranking keywords for local search terms related to employee tracking systems:

keywords.jpg

Tech Stack

  • Frontend: jQuery
  • Backend: PHP