Fast Growing International Media Company - 50 Million AMU Korean Focus
| Asking Price: | $20,000,000 |
| Gross Revenue: | $1,200,000 |
| FF&E: | $180,000 |
| Cash Flow: | $330,000 |
| Rent: | $5,500/Month |
| Established Year: | 2007 |
AN OPPORTUNITY TO BUY THE COMPANY WHO NOW OWNS ABOUT 60% OF THE SPACE AND GROWING!! THEIR MAIN COMPETITOR SOLD IN 2015 FOR $10 MILLION.
This company has already facilitated major collaborations between McDonald's and BTS.
Countless media companies are focusing on K-Pop but very few are seeing the SENSATIONAL growth and momentum of this one. STRATEGICALLY POSITIONED TO BE THE TMZ OF K-POP. The business comes with multiple properties, one of which is ALREADY the go-to platform for all cutting edge K-POP news, views, content and gossip with 50 MILLION monthly users!!
This is an opportunity to own purchase this online Media Company providing content and entertainment around pop culture and current events in a niche market. Expanding news and information about the latest trends and technologies to our audience.
One of the primary properties - a celebrity News site covering entertainment news – like TMZ / Reddit of K-pop with content creators, reporters, user-interaction interface where users can update news as well.
Seller is asking $20 million based on comp acquisition activity and near-term projected growth under the right ownership.
