Back to Listings Online Education Business; Low Workload; High Margins

Asking Price : $650,000

Annual Gross Revenue : $437,587

Annual Net Profit : $215,193

Profit Multiple : x3.02

Inventory Value: -

R-Index : 124

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From the Broker

This creative business teaches musicians how to market their music and turn their passion into a career. Through a series of online courses, musicians learn everything they need to know. Some customers pay a one time fee; others become subscribers and get coaching in addition to courses. Though it would be helpful if the new owner has background in music and online marketing, it's not essential. Much of the content is "evergreen" and the existing owner will provide full training and transition assistance. Online courses have the potential to go big and they have high margins since there's no recurring cost of goods sold like with most e commerce businesses. Because the owner is located in Canada, this business will not qualify for an SBA loan.

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Sale Pending: No

First Seen: Tue, Apr 2nd 2019

Last Updated: Tue, Apr 16th 2019


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