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eCommerce Music Store & Digital Stock Music Licensor – Nearly Two Decades of Success – 75,000 Active Customers

Custom Shirts, Hats & More | Multi-Channel

Asking Price:

$195,000

Sales:


$115,177

Profit:

$60,287

Year Established:

2002

Multiplier:


Seller Force presents a show stopping stock music company with nearly two decades in business and a dedicated customer base. This acquisition is an industry leader, stands as The Top Ranked stock music provider on Google and was the very first source of digital options in this industry. Established in 2002, this eCommerce company is an online music store offering stock and background tunes for their more 75,000+ loyal customers. With an average order value of approximately $40, this fully online business has a demonstrated, unparalleled return on investment. With minimal overhead, and great potential for scalability, this business is perfect for an incoming new business owner looking to maximize their investment.

The current owner dedicates less than 10 hours each week to the business’ growth and maintenance. In those hours, the active ownership oversees customer concerns, sources new music portfolios, and reviews applications from new artists in an effort to increase the company’s portfolio At the moment, this business operates with one part-time employee averaging between 5-10 hours weekly to manage any operational obstacles. This offering is 100% online based and has no physical product making it the perfect acquisition for a business owner seeking a profitable company that can be managed from anywhere.

The lucrative business of licensing royalty free music includes providing sound effects, background music, and a variety of other music needs to media producers throughout numerous industries. Utilized by YouTube creators, high-end media creation teams, radio personalities, video game creators and assorted other professional production organizations, this company has 19 years of experience in the industry and a harmonic reputation to match. This business’ offering includes fully accredited global licenses with no expiration, making them uniquely attractive to prospective customers from any country.

With over 6,000 music options and 79,000+ lucrative sound effects, this company has an expansive list of more than 85,000 unique SKUs. As a cloud-based company, this business is easily manageable with a penchant for seamless service and quality products. At the moment, there are approximately 170 audio composers that make up this company’s product creation portfolio to create exclusive musical offerings. This target comes with 500+ new pieces in the current pipeline to keep their offerings fresh.

As a well-recognized stock music industry leader, this company is known as the first fully online stock music provider. Their vast existing customer base and 16,000 active newsletter readers prove promising for any business owner looking to acquire a business with a highly engaged customer base. Thanks to their incredible domain authority and long standing industry success, this company also ranks first on Google for “stock music” and third for “royalty free stock music” giving unbeatable placement on internet searches.

Currently, the company has only one active marketing campaign running and a low advertising spend with high returns. Their weekly email campaign drives all of their non-organic traffic and they employ a small retargeting system through Google to maximize every marketing dollar spent. Additionally, they use many turn-key ready affiliate programs and partnership programs that are uniquely tailored to the needs of the company and their customer base.

Despite their already astounding success, this company is poised for new growth as well. Expansion opportunities include exclusive tracks, automated music suggestions, and a variety of other cutting edge functions that could exponentially increase their current audience reach. A strategic marketing plan could be employed by the new owners to capitalize on the company’s existing success and targeting their vast number of engaged newsletter subscribers could prove extremely profitable for any new owner.

This well-established business should be music to any buyer’s ears. With a turn-key, fully cloud-based operation that can be managed from anywhere, this is a prime opportunity for a potential buyer to jump right in and see immediate success. With minimal responsibilities, this extremely successful company could help any buyer maximize their investment. Bravo!

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