Back to Listings Digital Service - Podcast Audio Production - $15K gross/mo

Asking Price : $348,000

Annual Gross Revenue : $180,000

Annual Net Profit : $88,000

Profit Multiple : x3.95

Inventory Value: N/A

R-Index : 101

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From the Broker

Main Benefits

  • Authoritative and highly reputable brand in the rapidly growing podcast production niche
  • Effective productized digital service model monetized via recurring subscriptions
  • Successful operational history with more than 40,000 podcast episodes produced for numerous reputable clients
  • Clear value proposition and glowing reviews fuelling rapid revenue growth
  • Autonomous team transitioning with the business post-sale

Description

For sale is a digital service business with recurring subscriptions in the audio production niche.

Launched in 2015, the business provides a simple and effective audio and voice production platform aimed at businesses looking to engage with their audience via podcasts. With a well-built product and intuitive user interface, the business has successfully productized its service offering, allowing brands to create professional podcasts with minimal technical know-how.

With over 700,000 podcasts and c.29 million episodes in circulation, Podcasts have become an increasingly popular medium for businesses and influencers to engage with their audience. As an early entrant in the niche, the business has established a strong footing in this rapidly growing niche.

Over the past years, the business has demonstrated clear market fit, producing tens of thousands of podcast episodes for numerous global brands. With a portfolio of reputable customers, along with numerous positive reviews and glowing testimonials from satisfied users, it is perfectly-positioned to continue scaling via one of the numerous growth opportunities available to the business.

The business presents a great acquisition opportunity for a new owner to take over a reputable digital service provider with a productized service offering, established operations, and a lengthy track record of success.

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Sale Pending: No

First Seen: Wed, Jun 19th 2019

Last Updated: Thu, Jul 11th 2019


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