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SELLER GUIDE
11 Comments
5,122
Views
100 Watchers
Watch
Another Ecommerce Store Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, Default
Seller Location
United States
Buyer Location
United States
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Ecommerce Store

Currency:

Ecommerce Store | Entertainment

e-Commerce / Entertainment
Ecommerce Entertainment Editors Choice
Site Age
11 years
Monthly Profit
USD $1,027 /mo
Profit Margin
39%
Page Views
18,823 p/mo
Profit Multiple
3.2x
Revenue Multiple
1.2x
Editor's Choice
About the Business

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.
Editor's Choice
About the seller
Brandon
United States
20+ years experience as a SaaS business owner. Former software developer. Multiple succ... Read more
Verification Complete
Email address
Phone number
Government ID

100.0% positive feedback

3 transactions totalling USD $183,000

Payment Methods
Escrow.com
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11 Comments
5,122
Views
100 Watchers

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