Music Based Social Networking Site For Sale

Business description

This social networking portal is dedicated to the development and exposure of unsigned creatives. The initial focus of the site is on musicians, giving them a platform to be seen and heard, and the tools to sell their material online. The build and the design of the site has been carried out by one of the UK's leading design agencies.

The site allows the musician to create a fully interactive profile, upload their music, video, photos, merchandise and gig tickets, and interact with both their current and potential fan base. Fans can also upload limitless photos and create a fully interact profile, allowing them to find musicians they like and interact with like-minded fans, helping create and develop the online community. Furthermore, venues can also create profiles, allowing them to book musicians online and sell gig tickets via their own online store.

The site has a number of potential revenue streams already in place, such as a profit share on all music and video sold on the site, and a commission on sales of merchandise and tickets made via the site. The site also has 'advertising spaces' in place across the site which are currently used to promote additional services that the site offers. These are extremely well placed and ideal for external advertising revenue should you wish to use them as such. Furthermore, the site is completely free to sign up for musicians, fans and venues. Additional revenue could be generated from charging for specific services, such as a 'VIP' offering, which has already been put in place behind the scenes.

The site has already been voted Yahoo! UK & Ireland's website of the day and been featured in the press, including an article on the Telegraph website. Interest is already in place and, with the right guidance, this site has the potential to be vast. My sole reason for sale is my commitment to my day job and the lack of time that creates for me to give this start-up business the push that it deserves.

Full details of all the site, and the press coverage, can be provided on request.

Property information

Location:

Web based business so fully relocatable.

Other information

Expansion potential:

This is a new business and so the potential is vast, especially given the growth in social networking and the move away from record shops and record labels within the industry of late. The site has also been built to allow it to be international.

Support & training:

As much as is required. The site is extremely user friendly and has been built in order to allow it to manage itself.

Reasons for selling:

Work commitments mean that I do not have any time to give this business the focus that it deserves.

Trading hours:

Continuous

Contact the seller