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Online Music Website for sale - Potential
Location Malaysia
Asking Price Range < $250K
Gross Revenues $1000
Net Profit / Cash Flow $100
Cash Flow Type EBITDA
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Insufficient fund.
Description A potential online Chinese guitar song chord portal and community with thousands of pre-loaded song chords and 313 genuine members (as of 27 Oct '09).
Guaranteed Google and Yahoo! search result in first page with standard keywords such as ''chinese guitar chord'' or ''chinese chord''. Climbed up to 2.1M in Alexa ranking from 26M in first 2 weeks. But since after, the ranking consistently maintained as I have no capital to promote it or advertise online until today. Minimum daily visitors is about 100 mostly from Singapore and Malaysia.
I have put in lots of effort but without capital, it is difficult to leapfrog in the market position. I have decided to sell it off to a genuine buyer at a reasonable price provided he/she is a serious owner that really wanted to develop the site.
The original plan of this project is to build a global Chinese guitar community and collect precious guitar song chords from the members to this portal to build up the traffic of searching the chords.
Other plans include self-compose corner, video posting corner, organizing events and more.
Currently, the site has the feature to allow the members to upload guitar song chords written by them, basic guitar lessons, forum song chord request and guitar chord book for chord reference.
I am currently looking for genuine and serious buyer of this site with a price range of $5k to $10k with a promise of building up the site. Contact for more information on this Music Website for sale.
Click Here To Contact Seller
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