Sell your business

Digital Music Platform

30 November 2018 24 January 2019
  • Content site

Annual revenues

$464,000

Annual profit

$405,000

Multiplier

x 2.58

Asking price

$1,044,000

For sale is a proven content business in the music discovery niche boasting over a billion views.

Launched in 2008, the business has stood the test of time to become the go-to brand for music discovery services for millions of users each month. With a unique music recommendation algorithm, professional team, and a large and loyal community, the business offers a sophisticated music discovery platform that has found clear market fit amongst music fans and influencers.

With demand for music streaming and discovery services forecast to reach $12 billion in sales by 2022, this business commands a favorable position in the niche. As an early entrant, the business has achieved critical mass, creating plenty of opportunities for expansion.

With automated operations and a dedicated team of freelance writers and volunteer moderators, the business requires only a few hours of owner involvement per month. This not only allows for a scalable cost structure, but also creates plenty of time to focus on growth opportunities.

The business presents a unique opportunity for a new owner to take over an authoritative and technologically-advanced music discovery platform primed for additional growth.

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