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Businesses For Sale > Business For Sale in Knoxville, Tennessee (TN)

HOT-TV Shopping Show

Knoxville, Tennessee (TN)

Asking Price: Gross: Cash Flow:
$1,500,000 $7,000,000 Undisclosed

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Inventory Value:
$20,000 (included in the asking price)

Business Summary:
This is a rapidly growing TV Home Shopping Show that recorded 727k in revenues for the month of July with only 12 hours of air time per week. (They recently added an on line shopping site that is beginning to generate big sales) With the exceptional growth the owners are looking to sell 50% of the business for 1.5 million to an active or inactive partner so they can expand their air time and accelerate the growth to double its present output in just a matter of months. They will additionally consider the sale of the entire business for 3 million dollars which would make the business to relocate to any location in the country. The owners are motivated to move forward quickly and have a goal to exceed 25 million in yearly revenues with in two years. By adding air time up to 40 hours per week this can easily be accomplished. With the present growth now is the time to get involved. The owners are ready to discuss the opportunities with any interested party.

 

   
Year Business was Established: 2006
   
Number of Employees: 2ft-10pt  
   
Facilities / Terms of Lease: The network presently operates from a location in Knoxville, TN in a very spacious studio leased at $2500 per month. They have their own call center with room to grow. The studio is equipped with modern digital cameras and a network center plus a mobile digital satellite vehicle for transmitting. This makes the business easy to relocate if the entire business is purchased plus opens it to transmit from remote locations if necessary in the future.  
   
Potential Growth/Expansion: The business did 3.1 million in 07 with a top month just under 400k. 2008 topped 600k in May and did 727k in July. This is all with 12 hours air time so even without adding air time the sales are growing at an exceptional rate. By adding a couple of additional spots sales can easily exceed one million dollars per month.  
   
Owner willing to train: Yes  
   
Seller Reference Number: bm745502737
BusinessMart.com Listing Number: 45289
 

 

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For more info contact:

Darrel Sheley

Business Broker Services, LLC
865-692-6224

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