This is an opportunity to acquire The premier "Go-to" Home Automation provider trusted by the most luxurious custom home builders in SWFL. Lender Pre-Qualified with Working Capital included.
The Company Designs, Installs, Programs, and Services: Audio Video, CCTV, Home Theaters, Network Systems, Lighting, Lighting Control, Automated Shading, Climate Control, Power Management, and Automation Systems for Integrated Smart Home Technologies. They are engaged very early in the design & construction process with the homeowner. A typical project is $250K and could last up to 2 years. Some projects are 2-8 Million and span 3-5 years. The revenue pipeline consists of $25M in projects currently under contract with $9M yet unbilled. Luxury homebuilding projects in SWFL are recession proof.
The organization consists of a dedicated, loyal, and professional team. The Company nurtures an enriched work culture, employee training & development, thus allowing any rare vacancies to be promoted from within the business. Key team members are already being groomed to replace the owners upon retirement.
Timely project completion, premier customer service after the sale, and "promises kept" have built a strong trustworthy brand over the years and ensures that homeowners and builders continue to insist on this provider as their home automation integrator. This demand allows the business to select only the best, biggest, and most profitable projects.
As Smart Home Automation technologies evolve, there continue to be new revenue growth opportunities for the Company.
Clean, professionally managed books. Two of the owners are willing to remain for an extended transition with mutually acceptable terms. The existing 3rd party is willing to continue to be a license qualifier, or the Buyer can obtain the Limited Energy "low voltage" Contractor license with ease. Business is Lender-prequalified for an SBA 7(a) loan and may qualify for Visa applicants.
See Listing Presentation for complete details on the financial recasting and information about COGS Accounting Method changes in 2021. Remaining "Billing for Uncompleted Jobs" fluctuates and is given as a reference as of 4/30/23.
NDA, Buyer Profile, Proof of Funds, and Resume with translatable experience are required to obtain additional information.