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Turn-key, Software Company with sustainable and scalable high profits!

United States
High technology
Company Data
Price
$16.0M
56%
Revenue
$4.5M
Top 10%
Profit
$2.5M
6X
Business Overview
About the Company
This 14-year-old company is turnkey and relocatable. This patented, software-based music sequencer is designed to produce high-quality, user-created, licensed music with no knowledge of licensing or musical abilities. While currently located in rented office space, the business is relocatable due to the capability of the company to continue full operations as a virtual company. The company has been operating for years by a trained staff and no day-to-day owner involvement. This incredibly profitable company provides a unique combination of music and production software that allows users to build musical compositions with no prior knowledge of music editing or licensing. Currently, the software is servicing two developed sports verticals with multiple market segments. However, the capabilities of the software are not limited to music for sports competitions or performances. The application is designed to produce quality music from a desktop app with unrivaled automation. its patented technology, and extensive proprietary library allows for continued growth and scalability far ahead of competitors Using the technology and existing catalog of music, new products are dynamically generated at no cost. The full-time staff generates new library content, which can yield infinite variations of new products. This allows testing of new products without increasing the cost of production. A complete description of the licenses and patents held by the company will be discussed upon your indication of interest.
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