Pending Sale

Music Artists Advertising Agency

Asking Price: $3,000,000
Description

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.

Financial Overview
Gross Revenue$861,762
Cash Flow$694,000
Year Established2014
Employees0
InventoryN/A
Other Information
CategoryEcommerce
IndustryMarketing and Advertising
LocationCanada, Quebec
Home Based BusinessYes
Seller Finanacing AvailableNo
Income SourcesProducts/Services
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Website For Sale Inquiry