Description
OFF-MARKET’Q3 2021
Ad Supported Turnkey Streaming Network for Sale
Los Angeles, CA (Los Angeles County) (Relocatable)
Asking Price: $300,000
Cash Flow: Confidential (NDA Required)
Gross Revenue: Confidential (NDA Required)
EBITDA: TBA
FF&E: N/A
Inventory: N/A
Established: 2018
Employees: 1
Business Description
This is a turn-key streaming platform with qualified and licensed curated content with superior delivery capabilities, ready to grow with the right partner or new owner.
The Company has built a free to consumer advertising video on demand service and secured distribution wherever people stream content – including Roku, Amazon Fire TV, IOS, and Android. Since launching in early 2020, the Company has been highly focused on building its audience and has grown its user base at least 25% each month. The Company has negotiated favorable licensing deals with content producers that keep costs low and has begun to grow its advertising clientele as well.
The Seller seeks a partner or buyer that can help the platform to really take off.
This is an excellent acquisition for any Company that is in a similar space and that has the budget and expertise to drive advertising sales as the userbase continues to grow.
NDA is required {SUBMIT BELOW} for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Coworking space in Los Angeles. Relocatable or can be home-based.
Competition:
Competition certainly exists in this space. This Company has focused on a specific multi-cultural market niche of educated and curious Millennials and Generation X professionals, curating content specifically for that market. Continuously updating content will be key to securing a solid place in the marketplace.
Growth & Expansion:
The Seller has invested significantly in the build out of the platform, so the technology and content provider relationships are ready to go. All that is needed to really grow this business is an investment in consistent marketing.
Support & Training:
As needed.
Reason for Selling:
Seeking strategic partner
Financing:
Available with the right offer