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  • RE:  Exploding Music Agency Profitable Up 600% In Year
  • Contact:  Rick Carlson
  • License #: 01820673

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $1,000,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 5
BBN Listing #: 607327574
Broker Reference #: 1066 AGENCY

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Business Overview :

Our client is an exploding, music talent agency--yearly revenue has increased since inception, at a percentage rate year over year of approximately 600%. Our client is a “positive hustle and hard work ethic” music talent business built on sheer effort of bringing music artists to the performance stage. Built from the ground up, the business foundation has been developing emerging performance talent while using well known artists to kick in larger revenue when possible. A great source of success has come from acquiring visas for in-demand international artists and bringing them to the US marketplace.

Our client brings the following:
- 80 acts signed to exclusive contracts (1-to-2-year terms)
- Robust artist scouting protocol signing on average 3 acts a week
- Can be staffed with agents anywhere in the world - Access to the nation's largest contact book of venues, talent buyers and promoters
- Non-exclusive booking rights for Snoop Dogg, Ice Cube, OT Genasis, Xzibit, Warren G, Bizzy Bone, B.o.B and Bone Thugs N Harmony
- Over 1,000 performances booked in half of a calendar year (2022)
- Artists in several genres are actively leaving their current booking agencies in favor of coming onto our client’s roster. Our client has been awarded positive recognition by a large majority of its artists as well as publications like MoneyGeek, DMC World, Pollstar, Gigwell, and Shoutout Atlanta.

The Company’s key paradigm is to find and monetize talent. Our client’s team is constantly scouting new talent locally and internationally and bringing them to marketplace. Our client consults on all aspects of artist growth from graphic design and social media strategy to music guidance and consulting. Urgency drives the foundations and operations of Our client’s enterprise. This has proven to be a successful strategy, as month over month our client is showing exceptional growth: in 2022 up to July the Company is averaging $86,500 per month in gross revenue.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

In CIM.

Market Competition and Expansion:

In CIM.

Reason for Selling:

Other projects.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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