Online Business – Work Part-Time from Anywhere

New York, NY (New York County)

Online Business – Work Part-Time from Anywhere

Asking Price:$75,000

Cash Flow:$51,000

Gross Revenue:$127,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2010

Online Business – Work Part-Time from Anywhere

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Business Description

Very few businesses offer the opportunity to work from anywhere as easily as this one. No inventory, no outside selling and virtually no staff required. This entertainment talent agency is a hybrid online talent agency/traditional agency, representing professional, experienced full-time models/actors/performers, new faces, and everything in between; all are seamlessly connected to casting directors, ad-agencies, production companies, or anyone looking to hire talent (union and non-union). This is an easy to run business, with very low overhead and a large database of clients, with clear potential for substantial growth.

An online, mostly subscription-based company (with an important Human component), this talent agency can be run from home or anywhere in the U.S., and has been designed to scale up from its current New York City base to include other major talent markets without significant increase in overhead. Net revenue could be increased dramatically, with the very well designed interactive website doing all the heavy lifting. Talent pay a very modest monthly membership fee, but zero commission on jobs booked. Clients (production companies, casting directors, etc.) have free accounts, but many jobs carry a +10% or 20%, which The Agency Online collects.

Talent can save and stream voice over reels and videos of their profile, filter castings, submit their demos quickly, manage their account and more. Casting directors, ad agencies, production companies and others can submit a casting and find the talent they need quickly and easily.

Launched by a working actor and a partner in 2010 and bootstrapped to this point using their industry knowledge, reputation and contacts. They have invested a limited amount of time and money into the business due to other obligations.

Website Hours: Always Open. Office Hours: 9am-5pm/owner’s discretion.

Competition & Growth Opportunities
This is a legitimate company that not only offers listings of available jobs, but works DIRECTLY with industry professionals on behalf of the talent. This site has been focused primarily on New York City where it is currently based, but adding new production hubs like Los Angeles, Chicago, Miami, San Francisco, North Carolina, etc. will dramatically increase both the number of jobs available jobs and paid subscriptions. The website itself has already been configured to absorb these possibilities.

Lease: This is a home-based business or can be operated from shared office space (like WeWork or Regus or The Yard). It does not need to be in Manhattan or any other entertainment hub.

The Transaction: The deal structure will be an asset sale. The reason for sale is the sellers’ desire to focus on other businesses. Owner will train for two weeks at no charge. Asking price is $75,000.

Detailed Information

Facilities:
Launched by a working actor and a partner in 2010 and bootstrapped to this point using their industry knowledge, reputation and contacts. They have invested a limited amount of time and money into the business due to other obligations.
Competition:
Most websites that call themselves casting sites are really just postings of available opportunities. This site actually works with industry professional and does the casting.
Growth & Expansion:
Up until recently, this site has been focused primarily on New York City where it is currently based. It is just starting to focus on Los Angeles which will dramatically increase the casting jobs and subscriptions. It can then roll out to other production hubs not just in the US, but worldwide.
Support & Training:
2 weeks
Reason for Selling:
other business interests

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Bob Dunphy

Business Listed By:
Bob Dunphy

Transworld Business Advisors of NY

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