| Smart Home and Commercial Electronic Systems Integrator

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Smart Home and Commercial Electronic Systems Integrator

The business, incorporated in March of 2001, is a leading technology solutions provider dedicated to enhancing the lifestyles of homeowners and optimizing business operations. With a comprehensive range of technology products and services, the business sets itself apart by offering seamless integration that surpasses its competitors. The company's guiding principle is to deliver products and services that exceed client expectations, focusing on educating and consulting clients to ensure they receive tailored solutions aligned with their needs.

Throughout its 22 years of operation, the business has successfully served a vast clientele, leveraging its engineering-based approach to design adaptable systems that cater to evolving technological advancements. By engaging in the complete life-cycle of installed systems, the company ensures continued support and upgrades to meet clients' current and future needs.

Listed By: Omar Kettani

Background information

Reference:

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Year established:

2001

Reason selling:

The owner is well into retirement age.

Finance

Sales:

$1,064,930

EBITDA:

$213,767

Operations

Employees:

Equipment:

N/A

Inventory:

Included in asking price

Premises

Facility:

The business operates out of a 2,400-square-foot facility that includes an office space and warehouse. The business has a positive relationship with the landlord, who is also a customer, and has facilitated referrals and supported the businesses presence in the area. The facility is well-suited to the businesses needs, with room for potential expansion and a well-appointed conference room equipped with modern technology for meetings.

Rent and lease terms:

$2,400

Location:

Walled Lake, MI

Opportunities

Growth:

Despite the current owner actively pursuing most growth opportunities, there remain untapped avenues for further business expansion. A notable recent development includes the introduction of motorized and manual shades and blinds to the businesses product portfolio, bolstering their smart home offerings. While the initial progress was gradual, we anticipate this new product line to make a substantial contribution to their revenue and profitability.

Price and terms

Price:

$500,000

Financing:

The current owner is willing to negotiate the terms of the transaction.

Training:

The current owner is willing to stay on with reduced hours for up to 6 months.