- City Anaheim
- State California
- CountryUnited States
Relocatable
The company has developed worldwide distribution channels where the label artists get exposure around the word. European, Asian, and Middle Eastern markets are stronger than in the US for CD distribution.
The two owners spend less than 2 days per month in running this business. This is a problem since annual revenues and cash flow have continued to decline resulting from their lack of interest and development of this company. With some TLC, adding artists, and desire to grow the company backed by hard work the company could easily increase its revenue base and cash flow quickly. Perhaps as quickly as 12 months since the distribution channels are in place and the demand for more music is high.
This is a simple business to run. The owners are available for extended support if needed and wanted by a Buyer. Personal introductions to the people running the distribution channels are included as are introductions to the artists.
The style of the music is chill . The term "Chill out music", as well as the genre itself, originated in chill rooms that were set up by DJs off to the edge of club dance floors to give patrons a chance to take a break from the hectic dance vibe and chill out with this style of music. Chill out as a musical genre or descriptive is synonymous with the more recently popularized terms "smooth electronica" and "soft techno" and is a loose genre of music blurring into several other very distinct styles of electronic and lo-fi music.
Business is an SBA Lending Candidate. The sale price does not include the inventory of approximately $25,000 or the A/R of approximately $50,000.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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