Internet Casting Agency for Sale
Relocatable : £ 100,000
Turnover : £ 4,000 p.w.
Gross Profit : 63%
Turn Over £300,000 pa
This is a unique opportunity to invest into a young business which is growing quickly and has enormous growth potential. The owner wishes to work with new owners to expand this rapidly growing company
The company was formed in 2006 by Rob Earnshaw who was a member of the National Youth Theatre. He identified a need for young, talented actors to market themselves in order to start a career in the acting profession. It also helps casting directors & producers find new talent by being able to search on line.
This on line business has a portfolio of over 20,000 registered young actors across the UK and is regularly visited by casting directors, agencies and scouts looking to discover the next “hot property” to hit the market. Amongst the clientele who regularly use the database of actors are: National TV companies, International Film companies, Theatre companies, Advertising agencies and Model agencies.
The company has already an excellent reputation within the acting fraternity and on average has circa 5/6 people registering, on line, per day who pay between £15 - £45 registration fee. The company also hold workshops and training across the UK each workshop turnsover between £500 - £1000 per day.
The business is very profitable with low overheads, runs smoothly and has grown rapidly over the two years since formation. The business has been run solely by the owner and has now reached a point were the company would benefit from some investment, commercial and business expertise to take advantage of the ideas for growth, that the founder has invisaged. There is an excellent opportunity to grow this business further for new owners, simply by building on the successful formula that the owner has put together.
The business has been developed in such a way so that it can cater for all young and aspiring actors to enter their chosen profession. It allows them to go into a well used and cost effective shop window and to be kept aware of many casting opportunities. The growing database of actors has lead to a growing number of casting directors and production companies now using the web site as their first point of reference. With over 20,000 young actors now registered and a daily registration figure of circa 5/6 new members per day, the future growth of the company is guaranteed.
The actors pay a flat fee to be registered on the web site. This can be for three months which is £15, six months - £25, or for twelve months - £45. Regular registration gives the company a healthy cash flow situation.
The business is well managed with good cash flow and no bad debt. All registrations are paid for up front. The owner is extremely well connected within the acting fraternity and is regularly invited to provide actors and extras for major TV programmes including, Eastenders, Holby City, Casualty plus West End Shows and Adverts. There is excellent scope for growth within the company.
The owner runs the business from his home but he believes that the business would benefit from having a manned office base, to handle all enquiries quickly.
Growth and Expansion:
This is an outstanding opportunity to build on the existing products, services and customer database of this business. With a strong demand for the web site and a growing number of young actors seeking help and advice the future for this company is excellent.
The company has grown rapidly over the past two years and the owner believes that there are enormous opportunities to take the business forward into the future. They have found a distinct niche in the market, but the owner needs further help to take the business forward.
There are several ways to increase the revenue stream including becoming agents for new talent, opening the directory up to models, dancers, presenters, musicians helping young actors by running advice workshops throughout the country as well as taking the business model internationally. These are just a few ideas that the owner has in mind to grow the company.
Owner(s) Personal Details
"Rob Earnshaw – Flame Tree Publishing 2009
Rob Earnshaw is widely recognised as one of the biggest up-and-coming talent scouts in Europe. Rob started his career scouting actors for leading casting directors working on many popular TV shows and feature films. (Please find CV attached) In 2005 he created www.thecastingwebsite.com to help young actors get noticed in the entertainment industry. Building on his experiences, Rob started to cast productions himself, as well as showcasing actors, models and musicians to major industry professionals across Europe. In 2008 Rob’s efforts in helping new talent get discovered was recognised by his inclusion in the One North East “If We Can You Can Challenge Award 2009” and The Observer/Courvoisier the Future 500 list of rising stars."