Back to Listings Display Advertising - Digital Music Platform - $39K gross/mo

Asking Price : $1,044,000

Annual Gross Revenue : $464,000

Annual Net Profit : $405,000

Profit Multiple : x2.58

Inventory Value: -

R-Index : 141

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From the Broker

Main Benefits

  • Authoritative brand with a decade of operational history
  • Excellent traffic profile with over 1.2 billion page views and 420 million sessions in the past four years
  • Strong backlink profile with hundreds of thousands of backlinks and keyword rankings ranking for c.75,000 keywords
  • Vast user base of over 670,000 registered users
  • Lean and simple operational cost structure allowing for high and steady margins

Description

For sale is a proven content business in the music discovery niche boasting over a billion views.

Launched in 2008, the business has stood the test of time to become the go-to brand for music discovery services for millions of users each month. With a unique music recommendation algorithm, professional team, and a large and loyal community, the business offers a sophisticated music discovery platform that has found clear market fit amongst music fans and influencers.

With demand for music streaming and discovery services forecast to reach $12 billion in sales by 2022, this business commands a favorable position in the niche. As an early entrant, the business has achieved critical mass, creating plenty of opportunities for expansion.

With automated operations and a dedicated team of freelance writers and volunteer moderators, the business requires only a few hours of owner involvement per month. This not only allows for a scalable cost structure, but also creates plenty of time to focus on growth opportunities.

The business presents a unique opportunity for a new owner to take over an authoritative and technologically-advanced music discovery platform primed for additional growth.

* Revenue and profit figures are annualized on a last three-month basis.

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Sale Pending: No

First Seen: Thu, Nov 29th 2018

Last Updated: Fri, Nov 30th 2018


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