For More Information Contact
Listing Agent: Donald B. Imbus(Associate)
Phone: (239) 425-0677
Email: abb@abbrokers.com

Featured Business Profile

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Electronics/Computer|Sound/Video Systems

Industry Segment: Dist-Entertain-Media

General Location: Southwest Florida

Listing Number: 924-25055

Purchase Information

Selling Price:
$4,590,000 
Down Payment:
$4,590,000 
Terms:
Down payment $487,600/120 payments of $60,450.21 at 11.0% 

Financial Information

Gross Sales:
$7,600,766 
Inventory:
$322,988  
Included  
Cash Flow:
$1,009,827 
Equipment:
$503,595 
Included  
Real Estate:
 
Not Included  

Other Business Information

Year Established:
2001 
Is this a Franchise?
Monthly Rent:
$12,687 
Square Feet:
10000 
Employees:
23 FT, 3 Mgrs 
Days & Hours:
7:30am to 4:30pm M-F 
Home-Based Business?
Can be Relocated?

Business Description

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 experien

 

Last Revision:5/24/2023 4:14:00 PM
Donald B. Imbus
(239) 425-6168
(239) 216-7062
don@abbrokers.com
American Business Brokers
8191 College Parkway,
Suite 301
Fort Myers, FL 33919
www.abbrokers.com
Listing Number:  924-25055
 

Contact Us For More Info

(239) 425-6168

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Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
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