Newly Established Music Production Business Seeking Loan in West Chicago, USA
Seeking funding to expand digital media-sales with strategic loans to tap into vast fan community.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 9 thousand |
| EBITDA Margin | 40 % |
| Industries | Music Production |
| Locations | West Chicago |
| Local Time | 5:55 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
9 thousand
for
10.0%
annual interest,
1
year
(Native Currency: VES 1,200,000)
Reason: Seeking the loan to grow and expand both entertainment business and retail store. The loan can creat...
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Collateral Available: USD 0
Includes physical assets worth
USD
11.2 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Shopify Account
(20.8 KB)
Business Valuation Report
(252.0 KB)
Logo for Fashion
(48.3 KB)
Logo
(42.4 KB)
Business Overview
- Operating out of West Chicago, this unique retail and entertainment establishment blends the music production industry with retail offerings, selling music, videos, clothing, accessories, health, and beauty products.
- A versatile enterprise, its top-selling products focus on digital media items, encompassing a range of music and entertainment videos, catering to a diverse clientele seeking entertainment and leisure.
- Demonstrates significant industry presence with an extensive fan base, potentially ranging from hundreds of thousands to millions of followers, indicating strong brand recognition and market influence.
- The business is set to achieve a substantial revenue target, projected at VES 5 million for the current year, displaying robust financial health and growth prospects.
- The enterprise boasts ownership of its own record label, Alternative Vibe Records, providing a strategic advantage in the highly competitive music industry through potential talent acquisition and unique production capabilities.
- Despite being a lean operation with just one employee, the business effectively leverages its resources to maintain a broad and impactful retail and entertainment footprint.
- Capitalizing on the intersection of fashion, entertainment, and digital media, the business offers a comprehensive and engaging retail experience that appeals to a wide consumer base.
- A versatile enterprise, its top-selling products focus on digital media items, encompassing a range of music and entertainment videos, catering to a diverse clientele seeking entertainment and leisure.
- Demonstrates significant industry presence with an extensive fan base, potentially ranging from hundreds of thousands to millions of followers, indicating strong brand recognition and market influence.
- The business is set to achieve a substantial revenue target, projected at VES 5 million for the current year, displaying robust financial health and growth prospects.
- The enterprise boasts ownership of its own record label, Alternative Vibe Records, providing a strategic advantage in the highly competitive music industry through potential talent acquisition and unique production capabilities.
- Despite being a lean operation with just one employee, the business effectively leverages its resources to maintain a broad and impactful retail and entertainment footprint.
- Capitalizing on the intersection of fashion, entertainment, and digital media, the business offers a comprehensive and engaging retail experience that appeals to a wide consumer base.
Products & Services Overview
The business's top-selling products are digital media items, including music and entertainment videos. Customers and fans purchase these products primarily for entertainment and leisure.The music is sold on popular platforms such as Spotify, Amazon Music and iHeartRadio.
The merchandise is sold through Shopify.
Assets Overview
Tangible assets are liquid assets or cash and intangible assets are things such as music and videos.
Facilities Overview
We currently have an online retail store and an online music studio.We operate a dropshipping model for our fashion sales through Shopify, where products are shipped directly from the warehouse to customers. This streamlined process allows the business to be efficiently managed by the promoter alone.
Capitalization Overview
The business is financed through sales of music and videos, as well as partnerships with music distributors. It is a promoter business with 100% ownership.
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Hinsdale, Financial Consultant connected with the Business
-
Earlier than 15 daysAcquisition Specialist, Phoenix, Financial Consultant connected with the Business
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