- Yearly revenue
- Yearly net profit
- Asking price
- $100,000 SOLD
- Proprietary state of the art technology allowing for unique and high quality soundwave art
- Rapid revenue growth reaching a 22% CAGR for the period 2015 to 2017
- Sales across a variety of mediums including digital downloads and e-commerce
- Simple cost structure allowing for a scalable business model with high gross and net margins of c.80% and c.65% over the trailing 12 months respectively
- Low owner involvement
For sale is a unique digital product and dropship e-commerce business in the art and design niche.
Launched in 2013, the business has quickly grown in popularity by creating unique sound wave artwork, converting any recorded sound into art. As a pioneer with a history of innovation, the business uses proprietary, state-of-the-art technology to create amplitude-based designs, available as digital downloads (c.60% of revenue) or paintings/posters (c.40% of revenue) via a dropshipping partner.
The distinctive designs have allowed for rapid growth, with the business reaching a 22% CAGR for the period 2015 to 2017. With lean and simple operations, the business boasts continuously high and steady gross and net margins of c.80% and c.65% over the past year, respectively.
This presents a great acquisition target for a new owner looking to take over an innovative and scalable business using proprietary technology to deliver a unique value proposition.
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All numbers are prepared on a SDE basis.