Valuations for live music businesses?

professional profile

July 06, 2023

by a professional from Stanford University in Los Angeles, CA, USA

I am helping a colleague consider some options for selling a business that provides live music for events (e.g., weddings, corporate events). Does anyone have any experience in valuing businesses like this? Any recent comps?

And, while we are not yet opening this up, if you are looking at businesses like this, I’d be happy to talk.

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Reply by a professional
from Oregon State University in Kuna, ID, USA
^redacted‌- This is a tough one because there isn't a designated industry classification code for live music companies. If you're looking for some industry benchmarking, I recommend using NAICS 713 for amusement, gambling and recreation industries. NAICS###-###-#### will also work. https://www.searchfunder.com/bvr/sector/9
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Reply by a searcher
from University of Virginia in Gaithersburg, MD, USA
great. thx
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