Flippa
FOR SALE
Business Name

HouseCharts.Net

Business Model
Services
Industry
Entertainment

$15,300

Asking Price
Multiple 2.4x
Unique Dance music charts website established in 2014! Also offers online banner advertising, music promotion, etc. The business has 9 streams of income! Great Google rankings!
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Australia
Date of Founding
2014
Full-Time Staff
Owner Operated
Annual Revenue
$8,845
Annual Expenses
$2,466
Annual Net Profit
$6,379
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month May 2019 June 2019 July 2019
Revenue $831 $730 $712
Expenses $220 $185 $237
Net Profit $611 $545 $475
Month June 2019 July 2019 August 2019
Pageviews 13,551 12,888 7,760
Users 2,936 3,014 1,791

Note: Traffic data was provided on 19 August 2019. Enquire for more recent data.

Business Description

Music producers pay to upload their tracks to the website, so as to submit them for public rating. Tracks with the highest average score enter our charts. Website users (Electronic music fans, DJs & producers) can pay to download the tracks.

Other services offered include online banner advertising, music promotion, radio play, music mastering, stem mixing, graphic design & social media services for the Dance music industry. These are achieved through a network of partners.

The business is basically a one stop shop for DJs/producers of all styles of House & Dance music.

It makes approx USD $550 net profit per month & doesn't require any special skills. However, if you are a DJ, music producer or fan of House/Electronic music, this is the dream business for you!

The work to run the business mostly involves listening to & commenting on tracks on Soundcloud. Encouraging artists & record labels in the comment to upload their music to the website, to enter our charts & gain exposure.

How does your business make money?

The business has 9 streams of income, 6 of which are fully automated. Only 3 require some minor manual work. The services are as follows:

1) Track Uploads (automated)
2) Track Downloads (automated)
3) Radio Play (automated)
4) Premium Promo Service (automated)
5) Music Mastering (requires approx. just 15 mins of manual work... no special expertise required)
6) Stem Mixing (automated)
7) Online Banner Advertising (requires approx. just 15-20 mins of manual work... no special expertise required)
8) Facebook Boost (requires approx. just 5-10 mins of manual work... no special expertise required)
9) Cover Art & Artist Logo Design (automated)

Why should someone buy this business?

The website has very good Google rankings! It ranks well on the front page of Google worldwide for its relevant search terms: "House Music Chart", "House Music Charts", "House Charts", "Funky House Charts", "Tribal House Charts", "Deep House Charts", "Tech House Charts", "Soulful House Charts", "Future House Charts", "Electro House Charts", etc.

The website has a large online community. Approx 8,000 Facebook fans, 4,100 Soundcloud followers & 5,000 Spotify Playlist followers.

We have a very good reputation in the industry. Our members love the website & have left us many very nice testimonials (www.housecharts.net/pages/testimonials.php).

An Admin lady from the Philippines does all the more boring admin & bookkeeping tasks. She's paid just $40 per month & is really fantastic. The work the business owner is required to do is mostly related to promoting the business. 1.5 hrs per day (any time of the day you wish), 5 or 6 days per week (any days of the week you wish).

How can the future owner improve this business?

1) Set up Twitter page for the business
2) Set up an Instagram page for the business
3) Adsense
4) Facebook ads

If you want to think big, the currently successful business model can also be applied to other styles of music, such as Hip Hop, Rock, Pop, etc. Same website back end & front end structure & functionality, just with alternative imagery & domain names... HipHopCharts.Net, RockCharts.Net, PopCharts.Net for example.

Why are you selling this business?

The main reason I'm putting the business up for sale is because I own an investment property, which I've been paying down the loan for over the yrs. I finally got it down to the last approx $50,000. I have just over $30,000 in savings & I figure if I can pocket $15,000-$20,000 from selling the business, I'll then have all the funds I need to completely pay off the mortgage & have a nice stream of 100% completely passive income. I've put my heart & soul into the business over the last 5 yrs & it's really paid off. The website has such a great community & the profits are high & consistent now. It's time for me to finally pass the baton onto a new owner who can take the business to the next level. I think if the new owner sets up a Twitter & Instagram page for the business, the profits will only increase even further. I just don't have the energy to do & manage that myself at the moment, as my mind is set on paying off my investment property loan now & living a debt free life.

Business Strengths

  • Key Words Ranking
  • High levels of Automation
  • Large Customer Database
  • Lots of Repeat Customers
  • The Business Is Currently Growing

Opportunities for a new owner

  • Start Selling into New Markets
  • Introduce Further Revenue Streams
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Website Maintenance
  • Content marketing

Marketing

  • Email Marketing
  • Partnerships
  • Word of Mouth

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
8K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Jean-Paul Schembri

Verified Account

Thailand

I'm Australian but currently reside in Thailand. After completing my MBA at Southern Cross University I worked in the web marketing industry for several years while DJing in nightclubs & producing music on the side. After working very hard and saving money for about 7 years, I eventually bought an investment property, set up an online business (www.housecharts.net) and moved to Thailand to escape the rat race :-)

Contact