Business Description

This long-standing home automation and security business offers a range of services including home automation, lighting control, audio/video, security, and monitoring solutions for estates, developers, and residential clients. With $4.3 million in gross sales in 2023, the business saw net seller earnings of $944,560. High customer service standards drive the company, leading to selective client acceptance and project refusal. Projects typically average around $25,000 and take a couple of months to complete, with some larger long-term projects above 10% of sales. The business primarily relies on referrals and word-of-mouth for revenue generation, with clients ranging from builders to existing and new customers. The seller believes that a qualified buyer could drive growth by implementing digital marketing strategies, increasing monitoring contract sign-ups, and hiring top-tier personnel. The seller is willing to assist with licensing until the buyer obtains necessary permits, and the $2.75 million purchase price includes $100,000 in net current working capital. SBA