Celebrity Chefs: A High Profile TV Cooking Network and Production Company
This company is a leading-edge streaming and on-demand television production company that has made significant headway in popular culture today. With its unique and first-class delivery model, it has seen over 10.5 million unique viewers and 19% web interaction results in 2014 and combines the best of education, food, entertainment, and excitement in one package. It has two solid revenue streams – production and recurring broadcast advertising revenue model with a low-overhead domestic production studio.
OPERATIONS
This business on-boards TV chef celebrities, and is the only production company that can guarantee broadcasting of the show through its own TV network. With already star-studded lineup chefs and increased variety of shows, it opens up additional advertising opportunities. Chefs and advertisers are assured of face time in front of their target audiences on the most used channels and devices today by the vast majority of all viewers.
The business runs a low-overhead domestic US production studio running at full capacity.
MARKETING AND KEY METRICS
With its branded, trademarked, and recognized name, increased variety of shows, and colorful chef personalities, this business opens up additional advertising opportunities.
As the industry continues to expand, so will opportunities to grow through increased advertising and introductions of new chef personalities.
The business enjoys over 10.5 million unique viewers and a 19% web interaction rate at present.
The customer base of this business is broad, mostly food lovers and culinary enthusiasts, and anyone with an interest in learning how to cook like a pro.
BUSINESS MODEL & RESOURCES NEEDED
The company has a staff of four.
THE INDUSTRY
The business is part of the entertainment industry, and it links with the food and education industries. Its mode of streaming and on-demand television production places it on an entirely different level, with very few competitors, challenging to break into. The niche market appeals to lovers of good food and education on cooking methods. The industry is growing as more consumers enjoy watching cooking shows.
OPPORTUNITIES TO SCALE
With significant industry trends and increased interests, there’s an exponential growth opportunity for this business. In addition, the food industry is broad, and the company can explore branching out to become a franchise operation.
Asking Price: $595,000
Gross Income: $885,545
Cash Flow: $449,458
Year Established: 2011
Employees: 4
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