Example: Market size 150,000 or less on a yearly subscription model ($60 per year) for a total of $9 million annual revenue at most. Costs estimated to be less than 500,000 annually.
Wow, sounds like you have an amazing profit margin. The key is GROWTH. Continuous and stable, with the ability to predict future growth.
Therefore, your market niche is very important, to feed the growth curve within an order of magnitude and can't be too vague.
As others have mentioned, investors look for a $100-200 million valuation potential, as well as the ability to morph or expand as needed.
Contact me if you want to discuss more.
Answered 7 years ago
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