| Overview |
 Unsigned Artist Portal | Subscription Based
Internet Business Guide Listing #7350
“Online Music” – Average Monthly Searches: 20,470,200; Vicissitude Ratio: 44.52 |
| Status: |
Off Market |
| Business Type: |
NAICS 516110 |
| Business Category: |
Publisher |
| Business Name: |
NDA |
| Business Web Site: |
NDA |
| Asking Price: |
$400,000 |
| Down Payment: |
$400,000 |
| Gross Sales: |
$190,000 |
| Cash Flow (or SDE): |
$114,000 |
| Asking Price As Multiple of Cash Flow |
2.1 |
| Year Established: |
2004 |
| FF&E: |
$ N/A |
| Inventory: |
$ N/A |
| Employees: |
2 |
| Absentee Owner: |
No |
|
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| Business Summary |
 This well established business services onlinefor musicians and fans boasts over 100,000 artists and over 100,000 listener accounts, and over 300,000 MP3 audio files available for download. The website offers musicians the ability to showcase their music, upload videos, promote to labels and communicate with fans.In addition, a proprietary widget allows musicians to create players that can be used on any other website to play the music and redirect them back to the musicians page where they can download the music. The site allows musicians to charge fans for their music just like itunes. The site is essentially a hybrid between myspace and itunes. The website gets over 200,000 unique visitors monthly with over 2 million page views with NO advertising.
In addition, there are over 230,000 newsletter subscribers and 60,000 websites with the music player widget directed back to the site. |
|
Facilities: Online Homebased Business Opportunity
Competition: Social networking sites are the new internet 2.0 – This is a very well established blend of a social networking niche with elegant and useful proprietary technology.
Growth: No advertising has been done. Members promote their music on 60,000 other sites using the downloading widget – so it has a nice viral component. Creating member incentives with rewards, premier listings and exposure will drive more traffic in addition to creating more awareness through advertising the website.
Financing: Negotiable
Training: 3 months
Reason Selling: other interests
Listed By: Website Properties
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