Record Label Looking For Investors
Location United States
Asking Price Range $250K - $500K
Gross Revenues $100000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description Company Profile:
Industry: Music & Entertainment
Employees: 10
Founded: 06/2008
Produces compositions, recordings and performances of music.
Target Market: According to International Federation of the Phonographic Industry (IFPI), the top five territories (US, Japan, UK, Germany and France) accounted for 74% of the related sales in the recorded music market in 2007. Our aim is to hit all 5 territories. Our presence is already in the US and UK.
Competitive Advantage: Demand is driven by consumer spending. Profitability depends on discovering and promoting new musical talent and generating revenue from the company's asset base of recordings and publications. Large companies have advantages in marketing and distribution.
The music production and distribution industry includes about 2,600 companies with combined annual revenue of about $15 billion. Smaller companies, referred to as Indies, compete by focusing on artists within local markets or music genres. Our advantage is that we diversify our genres and go beyond the local market and are global.
Future: We plan to stay ahead in technology that affects the industry, and branch out beyond the music industry into other related sectors.
Capital Seeking: $250,000 - $500,000. Email or contact Wendy H. McClendon at 248-726-9663.
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