Unique eCommerce Music Business for Sale
Unique eCommerce Music Business for Sale
Business Summary
Since 1996, The Company has been the #1 Royalty-Free Music Company for schools. The Company’s extensive library offers a wide variety of music, audio themes, and sound effects for grades K-12 and universities that ensures copyright safety. The Company’s music library contains over 2,300 songs. Customers use the music library for Video Production (Including video yearbooks), Podcasting, Broadcasting (Including cable stations, closed circuit television, distance learning, and web-based video portals such as YouTube and Teacher Tube.), Sporting Events, Fundraising Videos for School Profit, and all other forms of multimedia used in education and business venues.
The Company’s IT is outsourced via a website hosting service that manages security, updates, and site analytics in secure off-site data centers with redundant back up.
Revenue Breakout
Approximately 60% to high schools, 25% to middle schools, 15% to elementary schools. The Company serves public, private and charter school systems.
Strengths /Uniqueness
The Company is the only royalty-free audio that meets all licensing requirements for grades K-12. Founded by educators and musicians, the Company has been providing royalty free music especially for schools since 1996. The Company has developed a copyright compliant solution for all multimedia uses that guards against copyright infringement. The Company is featured in the top 15 (7th) “15 Best Unblocked Music Sites Of 2023 for School, College & Work” which includes Spotify and Pandora.
Business Location
The Company operates remotely from Georgia and Florida and may be easily re-located.
Operations & Staff
The Company has two contractors who are paid on a commission basis, one who has been on board for 18 years. The Seller’s duties include answering phone calls from customers, setting up new accounts, and monthly invoicing, and spends about 25 hours a week in the business.
Marketing
Currently, the Company receives business inquiries because of Trade Shows, its website, and referrals from other customers.
Growth Opportunities
Colleges and Universities, more trade show exposure in technology related shows, Christian schools, churches, and any businesses looking to create e-learning videos.
Retirement
Seller willing to provide up to 90 days
Ideally, someone with a love of music and basic IT background. Sales experience a must.
none
Unlimited