More Than A Home Automation Business

In Desirable Middlesex County Location

Middlesex County, Massachusetts

Smart Home

Listing Number: 1561

Financial Information

Asking Price:       $1,300,000

Includes 3 new vehicles and all inventory (a great value!)

Gross Revenue:   $1,590,000

Cash Flow:          $317,500

A qualified buyer should be able to get an SBA 7A loan with 10% down.

Business Description

A dream opportunity for a tech-savvy buyer to own a business that takes smart home technology to the next level!  This integration and automation business sells, designs, installs and programs network and control systems, A/V, lighting, shades and more.  Clients from business owners to the ultra-affluent rely on this business for their commercial spaces, multiple residences and even yachts!  The buyer will also reap the future revenue of a recently secured and highly-coveted government contract for years to come and other contracted projects yet to begin.

Thanks to an excellent reputation, 90% of revenue is derived from referrals.  Employees are seasoned, professional and work well together.  The owner is open to staying on in a sales role.

This business leases a spacious custom-built facility alongside other technology businesses.  The showroom is immaculate and captures the imagination of anyone who visits.  On-site storage is clean and well-organized; on-site parking is plentiful.  A turn-key business!

A successful buyer would have a thorough understanding of the industry and the ability to apply construction, design and product knowledge in communications with clients and suppliers.  In addition to a transition period, the seller is open to maintaining a sales role to further support the new owner and his/her success (subject to any restrictions that a buyer’s financing may impose).

Growth and Expansion Opportunities

The recently-awarded government contract should increase revenue in years to come.  What’s more, the anticipation of a contract for an off-shore residential real estate developer would be icing on a buyer’s cake.  Several other six-figure projects are contracted to begin or are underway.

Marketing efforts are minimal and could be expanded to drive even more new business.

General Information
Support & Training: Seller will provide training and support.

Employees: 7 FT / 1 PT

Rent: $7,700 per month + escalation & utilities

Contact Information

Molly Hanson