The business in question is a fully passive operation, distributing 78 audiobook titles through major platforms, without the need for ads, staff, or physical inventory. It has been operational since 2020, maintaining a clean record without any suspensions. Revenue is entirely generated from audiobook royalties, which are automatically managed by the platforms involved. iNaudio, previously known as Findaway Voices, acts as a wide-distribution aggregator, disseminating audiobooks to over 40 retail and library platforms globally, including popular outlets such as Apple Books, Google Play, and library systems like OverDrive. Concurrently, Spotify for Authors facilitates sales and streaming directly on Spotify.
The business's customer base comprises audiobook listeners on Spotify and iNaudio, who discover the titles through platform-based search, recommendations, and browsing. The catalog achieves significant reach across more than 130 countries, predominantly within the U.S. market, without relying on advertising or email marketing.
Financially, the business reported over $26,000 in net royalties over the previous year. Spotify payments are structured into smaller monthly payments and larger quarterly ones, resulting in a pattern of spikes rather than consistent growth. The reporting for both Spotify and iNaudio experiences a delay, with the most recent financial figures often updated as final reports are received. For interested parties, updated financial reports are available upon request. The seller offers post-sale assistance to guide the new owner through operations.
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1. Agreements & Contracts.
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