Loading…

For Sale: Music Agency - Profitable, Increase of 600 Percent - Detroit, Michigan

$2,500,000.00

Asking Price

  • Address: Detroit, 48201.

Description

Our client is an exploding, music talent agency--yearly revenue has increased since inception, at a percentage rate year over year of approximately 600%. Our client is a 'positive hustle and hard work ethic' music talent business built on the sheer effort of bringing music artists to the performance stage. Built from the ground up, the business foundation has been developing emerging performance talent while using well-known artists to kick in larger revenue when possible. A great source of success has come from acquiring visas for in-demand international artists and bringing them to the US marketplace.

Our client brings the following:
- 80+ acts signed to exclusive contracts (1-to-2-year terms)
- Robust artist scouting protocol signing on average 3 acts a week
- Can be staffed with agents anywhere in the world - Access to the nation's largest contact book of venues, talent buyers, and promoters
- Non-exclusive booking rights for Snoop Dogg, Ice Cube, OT Genasis, Xzibit, Warren G, Bizzy Bone, B.o.B, and Bone Thugs N Harmony
- Over 1,000 performances booked in half of a calendar year (2022)
- Artists in several genres are actively leaving their current booking agencies in favor of coming onto our client's roster. Our client has been awarded positive recognition by a large majority of its artists as well as publications like MoneyGeek, DMC World, Pollstar, Gigwell, and Shoutout Atlanta.

The Company's key paradigm is to find and monetize talent. Our client's team is constantly scouting new talent locally and internationally and bringing them to the marketplace. Our client consults on all aspects of artist growth from graphic design and social media strategy to music guidance and consulting. Urgency drives the foundations and operations of Our client's enterprise. This has proven to be a successful strategy, as month over month, our client is showing exceptional growth: in 2022 up to July, the Company is averaging $86,500 per month in gross revenue.

NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Growth/Expansion: In CIM. Financing: Seller does not wish to finance. Support & Training: Provided at no charge to enable a smooth transition. Reason for Selling: other projects.

To get more information about this Music Agency - Profitable, Increase of 600 Percent business for sale in Detroit please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276279 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Music Agency - Profitable, Increase of 600 Percent, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.

Show more

Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $2,500,000.00

  2. Down: Call / Email

  3. Cash Flow: $1,000,000.00

  4. Revenue:    $1,200,000.00

  1. Area: Detroit

  2. City: Detroit

  1. Attributes:

    Training & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Rick Carlson Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today