**DEAL PENDING** More Than A Home Automation Business

Middlesex County, MA

**DEAL PENDING** More Than A Home Automation Business
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Asking Price: $1,200,000

Cash Flow: $317,500

Gross Revenue: $1,590,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Established: N/A

*not included in asking price.

**DEAL PENDING** More Than A Home Automation Business

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Business Description

**DEAL PENDING** 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).

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Detailed Information

Location:
Middlesex County, MA
Inventory:
Not included in asking price
Employees:
7 FT / 1 PT
Growth & Expansion:
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.
Financing:
? Reviewed for SBA Loan with only 10% down!
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(from currently available funds)
 
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Molly Hanson

Business Listed By:
Molly Hanson

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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