Established in 2014 by a musician and programmer duo, this online music marketplace allows artists to upload and sell music tracks with a commercial use license for media projects such as films and advertisements. Artists earn a 50% commission on sales, incentivizing high-quality uploads while each track undergoes professional review. Currently home to over 150 artists and featuring a library of over 5,500 music tracks, the business experienced a last twelve-month (LTM) revenue of $36.7k. Metrics include an average order value of $30, annual site visitors of 88.5k, and substantial social media followings. An existing email list of 44k remains largely untapped for marketing opportunities.
The business presents significant growth potential through opportunities like: launching a nearly complete new website design to enhance user experience and SEO, adopting a subscription model in line with industry trends, initiating pay-per-click advertising, enhancing SEO with a resource blog, and leveraging email marketing more consistently.
Day-to-day operations require approximately 10-15 hours weekly, encompassing tasks such as artist and track approvals and customer support. Although the business was acquired last year with plans for family involvement, changing personal interests and a decline in YouTube traffic have prompted a sale. An investor with a passion for music and skills in marketing would find this a fitting opportunity. Key assets include brand elements, customer databases, social media accounts, contracts, and policy documents. Post-sale support is offered to ensure a smooth transition for the new owner.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More