Internet Based Artist Representative Firm = Your Break into Music Biz!

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Internet Based Artist Representative Firm = Your Break into Music Biz!
Asking Price:
$200,000

Gross Revenue:
$120,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: https://www.pronovapartners.com/engagement/internet-based-artist-representative-firm/

If you have ever wanted to be a player in the music industry, here is your chance. This is a unique and rare opportunity and it is immediately available. Established, growing artist rep companies just aren’t normally offered for sale, but in this case the owner’s car accident and related illness has yielded this opportunity.

In the music industry, reliability and dependability are everything, and good word-of-mouth rules the day. This Company was formed five years ago, by the now Seller who by stint of extraordinary work and performance has established a growing and revenue generating 21st century music licensing business, coupling a great Indie artist roster with a sterling reputation.

The Seller’s Company specializes in licensing Indie artists’ music for use in commercials, movies, and other creative projects. The Company maintains a diverse catalog of over 200 artists and many hundreds of musical selections across multiple genres, and its catalog continues to grow. Production firms and ad agencies contact the Seller’s Company with their musical needs, and the seller’s Company provides the music, under license from each represented artist. The seller’s Company than splits proceeds with the artists involved under a contractual, percentage split. This Company has reached a point in its growth and reputation where business and artists come to it primarily by referral. Artists are signed with the Company on a non-exclusive basis for a year at a time with most representation contracts automatically renewing.

This Company represents and places copyrighted music selections from labels and indie artists to its contacts in its directory of TV/FILM/RADIO/Advertising Productions firms. This company’s catalog of music and musicians is a high-performance resource with a high placement/revenue track record. The Company can be run, maintained and expanded from anywhere in the world that has an internet connection. Functional, full artist, music sample inquiry and order Web sites are included. These sites are fully functional and currently generating sign-ups and revenue. The Seller will be available full time for the initial 30 days following purchase to introduce the Buyer to all industry players, musicians and insider contacts and for 90 days thereafter on a consultation basis to insure a smooth transition and continued growth. This is a rare and immediate, music industry “break in” opportunity.

- Current sources of revenue stream are: License fees for “one time” use of represented artists’ music as selected by producers.

- The Seller wishes to sell all rights, title and ownership of its growing and revenue generating artist rep business for $200,000.00, no terms.

- Estimated, existent and additional expenses for purchaser: These are primarily maintenance and customer and represented artist development. Due to the current owner’s illness, recent, explosive growth has been through referral and word-of-mouth. The buyer of this business should consider aggressive work on-line, artist research and contact, and attendance at closed door entertainment events which the current owner can recommend and clear.

NDA is required for comprehensive Confidential Information Memorandum crafted by ProNova Partners.

About the Business

Location:
Los Angeles, California
Year Established:
2014
Number of Employees:
1
Relocatable:
Yes
Home Based:
Yes
Facilities:
Portable & relocatable nationwide.
Market Outlook/
Competition:
Comprehensive package on file covers this, NDA is required.
Growth & Expansion:
Comprehensive package on file covers this, NDA is required.
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About the Sale

Reason For Selling:
The Owner had a serious car accident. Needs to focus on recovery.
Training/Support:
Four (4) weeks, twenty (20) hours per week as needed. Consultation as needed over the following ninety (90) days to insure a smooth transition.

Listing Info

ID:
1598777
Ad Detail Views:
0

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Business Listed by

Rick Carlson

ProNova Partners
License# 01869984

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