Profile: Indie Record Company Has Developed Worldwide Distribution Channels!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Rick Eggleton, Broker
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| Primary Phone: |
949-788-7775 X1 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01278255 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/17/09 |
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| Date Last Revised: |
11/17/09 |
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| BizBen Ad #: |
125387 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$169,000 |
| Down Payment: |
SBA Loan |
| Annual Revenue: |
$223,000 |
| Annual Adjusted Net: |
$148,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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The Company Has Developed Worldwide Distribution Channels Where The Label Artists Get Exposure Around The Word. European, Asian, And Middle Eastern Markets Are Stronger Than In The Us For Cd Distribution.
The Two Owners Spend Less Than 2 Days Per Month In Running This Business. This Is A Problem Since Annual Revenues And Cash Flow Have Continued To Decline Resulting From Their Lack Of Interest And Development Of This Company. With Some Tlc, Adding Artists, And Desire To Grow The Company Backed By Hard Work The Company Could Easily Increase Its Revenue Base And Cash Flow Quickly. Perhaps As Quickly As 12 Months Since The Distribution Channels Are In Place And The Demand For More Music Is High.
This Is A Simple Business To Run. The Owners Are Available For Extended Support If Needed And Wanted By A Buyer. Personal Introductions To The People Running The Distribution Channels Are Included As Are Introductions To The Artists.
The Style Of The Music Is Chill . The Term "Chill Out Music", As Well As The Genre Itself, Originated In Chill Rooms That Were Set Up By Djs Off To The Edge Of Club Dance Floors To Give Patrons A Chance To Take A Break From The Hectic Dance Vibe And Chill Out With This Style Of Music. Chill Out As A Musical Genre Or Descriptive Is Synonymous With The More Recently Popularized Terms "Smooth Electronica" And "Soft Techno" And Is A Loose Genre Of Music Blurring Into Several Other Very Distinct Styles Of Electronic And Lo-Fi Music.
This Indie (Independent) Record Company Is In A Growth Stage With A Number Of Artists Under Contract To Continue Producing Music. Currently In Distribution Are 18 Albums (Collections Of Songs By An Artist) Available In Cd Format From Retail Outlets Such As Barnes And Noble, And Borders Books; And In Digital Format, Distributed By Cd Baby And Itunes And Hundreds Of Other Internet Music Services. The Music Is Widely Distributed Throughout The Us & 20 Countries.
Business Is An SBA Lending Candidate. The Sale Price Does Not Include The Inventory Of Approximately 25,000 Or The A/R Of Approximately 50,000.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Rick Eggleton, Broker at 949-788-7775 X1 |
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