| Internet Business Guide Review |
 Karaoke is a huge market and still not overcrowded. The Internet is the number one channel of distribution of karaoke CDs and karaoke hardware. Karaoke sales has certain elements of a subscription business. As Netflicks rents movies, the new owner of this karaoke eCommerce business may want to explore the rental of karaoke CDs as an additional means of making money online.In July 2007 Google showed 88M, and Yahoo showed 48M web pages containing the word karaoke.The keyword karaoke showed 720,000 searches in July 2007, while per click advertisers bidding on the word karaoke paid a median bid of $.92, and a high bid of $1.32 during early September.Making Money Online Rank? See Making Money Online Rank for an explanation. |
|
| Overview |
 Online Music Marketing | Karaoke CDs & Karaoke Equipment
Internet Business Guide Listing #7116Updated April 2008: “Karaoke†– Average Monthly Searches: 23,666,858; Vicissitude Ratio: 4.08 |
| Status: |
SOLD |
| Days On Market: |
108 |
| Sale Price: |
$167,000 (all cash) |
| Business Type: |
NAICS 464111 |
| Business Category: |
Etailer |
| Business Name: |
NDA |
| Business Web Site: |
NDA |
| Asking Price: |
$200,000 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$377,000 |
| Cash Flow (or SDE): |
$80,000 |
| Asking Price As Multiple of Cash Flow |
2.5 |
| Year Established: |
2003 |
| FF&E: |
$ N/A |
| Inventory: |
$ N/A |
| Employees: |
0 |
| Absentee Owner: |
No |
|
| Have you identified the category of Internet Business acquisition that you desire, yet have not located it? Are you uncertain of the Internet Business that is your ideal acquisition candidate? Then you should consider an Acquisition Search! |
| Business Summary |
 This is a great opportunity for anyone who is looking to buy an internet Business Opportunity. This business is well run with great search engine rankings and a strong market position. The business is 100% drop shipping and completely integrated with a supplier.The sale includes 2 additional karaoke websites and a server collocation hosting.Karaoke CD is the best product for an online store.There are over 1 million search engine searches per month for keywords such as karaoke and other related keywords. Karaoke is a specialty product that is not distributed in department stores. Therefore, you will have a limited competition and with the strong market position of this online music marketingyour business will be more stable comparing to others internet businesses.This online music marketing Internet Business Opportunity‘s revenue growth over 15%, and earning are growing over 30% per year. The business is becoming more prominent, therefore expenses related to business development decrease and profit margin increases. |
|
Facilities: Online Home Based Business Opportunity
Competition: One challenge is that the top two suppliers of karaoke CDs merged into a single entity. The new owner will need to compete with his upstream supplier as the supplier also sells direct to consumers. To stay ahead of the supplier resellers will need to focus on added value in the form of content and reviews.
Perhaps an add-on product for the new owner will be resale of karaoke CDs. For example, buy one, turn in two old ones and get one more free.The owner expects growth to continue or stay strong. With the huge success of American Idol, its received a lot of exposure. The owner spoke with people that have been in the industry 20 years and they are excited about the future.
Financing: Negotiable
Training: 4 Weeks @ 10 hours per week
Reason Selling: other interests
Listed By: Sunbelt Business Brokers
No Related Listings
Sorry, the comment form is closed at this time.