Back to Listings Listing #44555: Music

Asking Price : $47,484

Annual Gross Revenue : $20,712

Annual Net Profit : $17,316

Profit Multiple : x2.74

Inventory Value: -

R-Index : 134

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From the Broker

This listing is for a SaaS business created in January 2012 in the music niche. The service provides subscribers with specific information related to the music industry. All traffic to the site is organic, which leaves many avenues for expansion. Since owning the business, the Seller has had stable earnings, reduced the work required, and increased subscriptions.

Many basic tasks such as password resets and account cancellations have been coded and automated to reduce the work needed for the business. Roughly 30 minutes a week is used to answer customer service emails, occasionally update the database and to administer the payment gateway.

A Facebook page, Instagram profile, Twitter profile, and an email list of 4000 members are not currently being used by the Seller. This is an opportunity for growth for the Buyer, as this niche thrives on social media. The seller also feels there are opportunities to make the site subscriptions stickier. If average subscription length expands even a little, there would be attractive income growth without introducing new traffic to the site.

Site Highlights

Average Monthly Revenue: $1,726

Average Monthly Expenses: $283

Average Monthly Net Profit: $1,443

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of the business:

  • 1 Domain
  • 1 Facebook page
  • 1 Instagram account
  • 1 Twitter account
  • 1 Mailchimp account
  • 1 Stripe account
  • 1 GoDaddy Hosting & SSL Certificate

Work/Skills Required

The Seller spends about half an hour a week on answering customer service email, occasionally updating the database and administering Stripe.

Many basic items such as password resets and account cancellations have been coded and automated by the Seller.

Reason for Sale

The Seller is looking to sell the business so that they can focus more on a different business and the Seller no longer has time to grow the site further.

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Listed By

Sale Pending: No

First Seen: Mon, Apr 30th 2018

Last Updated: Tue, May 29th 2018

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