E - Commerce Music Distribution
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 1 - 3
Inventory 100000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Handicap of child / illness.
Description This business is a sweet income generator and no time is needed to devote to it. Amazon and other online retailers hold the source files and software code for all products sold. When customers order from these retailers, the retailers manufacture and ship the product, then send the owners their percentage. Other income is derived from mp3 downloads and sales of sheet music, maintenance manuals and music dictionaries all of which are electronic files. Stated SDE is projected for 2009 based on $38k profit thru August.
Work an additional 12 hrs. per week to drive sales from EBay. Work full time to drive sales and marketing to brick and mortar retailers as has been done in the past. This 11 year old business includes all Equipment, Inventory, Software and Source Code. Income can be increased by expanding the line of products
Contact broker for website.
Net income for 2008 was $108,000 because seller spent time marketing to brick and mortar retailers. Online sales are consistent with last year.
Michael Ballas-CBB
Click Here To Contact Seller
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