MIDI & Digital Audio Space

Midi Digital Audio Space Ecommerce Retailer: SBA Pre-Approved With 20% Down

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This eCommerce Retailer is in the MIDI & Digital Audio space, offering a comprehensive lineup of solutions for audiophiles of all types and skill levels, ranging from out-of-the-trunk DJs to B2B and educational institutions. Sales are split 50/50 between the company’s Amazon account and its website storefront. This business boasts exclusive distribution rights for a number of top brands, and thanks to 25 years of established relationships resulting in preferential pricing, a healthy $250 average ticket value yields outstanding margins on an almost entirely organic platform. This is truly a unique opportunity not to be missed as it is approved for SBA financing and can be purchased with as little as 20% down.

OPERATIONS

Thanks to the hugely social nature of the music industry, word of mouth, references and organic presence has established this Internet Business in a space that is experiencing an unexpected resurgence in the face of advancing integrated digital solutions – genuine MIDI synth is more in demand today since its debut, with the ‘new retro wave’ growing more popular across multiple mediums almost daily. OPEX is kept to an absolute minimum due to a nearly 100% 3PL, remotely fulfilled (by Amazon) back end platform. A small, nominal warehouse is the only physical overhead pre-requisite, and ownership workload can be throttled entirely at will from nearly absentee, all the way to aggressive expansion involvement.

A small and nominal warehouse represents the only physical overhead pre-requisite. However, the company boasts exclusive distribution rights for a number of top brands and has 25 years of established relationships resulting in preferential pricing.

MARKETING AND KEY METRICS

Sales are split 50/50 between the company’s Amazon account and its website storefront. A nearly 100% 3PL, remotely fulfilled (by Amazon) back end platform keeps OPEX to a minimum. Furthermore, a large email contact database of over 25,000 will allow for aggressive campaigns at no additional cost.

Sales are split 50/50 between the company’s Amazon account and its website storefront.

A healthy $250 average ticket value yields outstanding margins on an almost entirely organic platform. Furthermore, thanks to 25 years of established relationships resulting in preferential pricing, margins are even better.

The company offers a comprehensive lineup of solutions for audiophiles of all types and skill levels, ranging from out-of-the-trunk DJs to B2B and educational institutions.

BUSINESS MODEL & RESOURCES NEEDED

This is a small operation with only 2 employees, so the human resource impact is relatively low.

THE INDUSTRY

The MIDI & Digital Audio space has been experiencing an unexpected resurgence in the face of advancing integrated digital solutions with genuine MIDI synth being more in demand today since its debut, with the ‘new retro wave’ growing more popular across multiple mediums almost daily. The audiophile niche is broad and demographically diverse.

OPPORTUNITIES TO SCALE

With the geographically-universal and demographically-broad appeal of these products, the company is ready and willing to scale immediately in almost any direction. The company has opportunities for SKU lineup expansion and white-label/branded offerings.

Asking Price: $720,000
Gross Income: $1,858,967
Cash Flow: $190,276
Year Established: 1994
Employees: 2

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