Asking Price: $2,900,000

Beverly Hills, CA

Westbound Road, LLC

February 14, 2023

Music SaaS Company

Asking Price: $2,900,000

Business Description

Profitable SaaS/Music Label with $400,000 in TTM rev and 4k+ original

A royalty-free music platform providing copyright-safe music and sound effects for content creators. The company sells licenses and subscriptions to customers and businesses + receives consistent YouTube earnings from royalties from its own music (which is being used in hundreds of thousands of videos) + has contracts with other companies that offer tools for content creators (i.e.: video editing apps).

> 25 million YouTube views with our music each month

The company is at its best, with a record number of users and immersed in the boom of the exponentially growing creator economy industry, which is now worth more than $100 billion.

Huge growth opportunity for the right buyer as the company has not had paid advertisement. The growth has been organic through a mix of freemium/premium plans, content marketing (a few posts per week), basic social media postings, and SEO.

The company and brand is pretty well-known and it has a great reputation.

Represents a $40 billion+ market that is anticipated to grow 9% annually through 2030 (this high level of growth is not frequently seen in other markets and industries).
> Because of their nature, music royalties are a great source of consistent recurring revenue income which has shown their propensity to provide an excellent ROI.
> Essentially independent of the general market volatility
> There is a mass of expected regulatory changes sweeping across the US and Europe with better controls in place to protect music. These aim to rights holders for their contributions and will, in turn, increase the increasing rates of streaming revenues.

“I think everyone realized that publishing catalogs were assets you could finance, like a building. And the forecasts the investment banks are making for the number of streaming subscribers in the next 10 years are extraordinary. So investment bankers, hedge funds, private equity – they all look at this as an asset class.” — Martin Bandier, former CEO and chairman of Sony/ATV Music Publishing

VALUATION NOTICE: Asking price is based on both business cashflow AND the value of the music catalog itself, which is estimated at over $1.5 million as a standalone asset

Detailed Information

Gross Revenue: $400,000

EBITDA: $160,000

Inventory: $1,500,000 - Included in asking price

Facilities: Fully virtual business, can be operated from anywhere in the world! (Home Based)

Financing: Seller Financing, Earn Out, Equity Swap possible for highly qualified buyers

Support & Training: The founders will support, facilitate and ensure a smooth transition to the new owners

Reason for Selling: After 6 years of launching and building the business, the Founders are ready to sell

Established: 2017

Contact

The information in this listing has been provided by the business seller or their representative. BluSpace has no ownership in the sale of this business and has not independently verified the accuracy or completeness of this information. We are not responsible for any errors or omissions.