Music Artists Advertising Agency

Relocateable, Quebec


Asking Price: Annual Revenue:
$3,000,000 $861,762

Technology: Internet, Websites


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RE: Music Artists Advertising Agency Broker: Seller of Business

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $861,762
Net Profit: Not Disclosed
Cash Flow: $694,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 761017787
Broker Reference #: 13553

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Business Overview:

PENDING SALE

BUSINESS OVERVIEW
Seeing the importance of online visibility and the role social media would play in the careers of artists, this company began by the owners connecting with independent artists and recognized Grammy-nominated artists to promote the artists’ videos and social links. This opportunity led the owners to independent artists, record labels, partnerships with industry leaders and more recognized artists. Today, the agency is one of the most efficient music marketing and promotion agencies in North America with over a decade of experience. The company builds promotional campaigns for artists and labels to grow their audience, engage with their fans and reach new milestones.

Its Key Benefits include the brand’s Reputation, Visibility and Experience which has allowed it to generate over 100k leads since inception. With a dialed in process, artist leads are handled through a mainly automated funnel campaign. Once onboard, the owners and a team of outsourced contractors handle various aspects of the client campaigns.

FINANCIAL SUMMARY
Financials
Gross Revenue $861,762 USD
Cash Flow $694,000 USD

2020 Forecast
Revenues $1.2M USD
Cash Flow $1M USD

VALUATION
The company has experienced YOY growth! Its growth has continued in 2020, with sales and profits up this year for Jan-Jul over the same period in 2019. Based on the recent growth trajectory which includes increased marketing, the forecast for the full year of 2020 is estimated at over $1.2M in Revenues. With its high profit margins of about 80%, the Net Income for 2020 is projected at $1M! This business is priced based on its historical financials including current profits and YOY growth with consideration for the growth trajectory of profits in upcoming months.

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Reason for Selling:

Pursue Other Interests.

Additional Details:

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

Relevant Links:

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