Listing ID: 72949
Family-owned and operated business which consists of two divisions: Entertainment Solutions and Home Security & Communications for design and installation of residential/commercial entertainment/automation/security systems. This company is in the unique position to offer homeowners and builders one company with both knowledge and experience to provide technical advancements in all low-voltage wiring. They are confident that the process of helping you create your project will leave you enthusiastic to see the end-result. New business leads are generated through referrals, repeat clients and builders. Located in the DFW area since 2005 with an outstanding reputation and reliability delivery.
They provide design, sales and installation of home theater, distributed house audio, media rooms, home automation, lighting control, computer networking, structured wiring, security systems, surveillance camera systems, intercom, central vacuum systems, 24hr monitoring and TV wall mounting.
Whether you are looking for a total custom home theater package or a simple flat-screen TV installed, a home security system designed/installed or total home automation, pre-wiring and more, this is the best company. With over 25 years of experience, this company is in a unique position to be acquired with nearly 200 monitored commercial/residential security accounts. The quality of earnings is very solid with the monitored security accounts.
This opportunity has been pre-approved by an SBA banker and is eligible for an SBA loan. For full approval, a buyer will need to meet the standards of both the SBA and the bank’s credit team.
Great Opportunity for a side-hustle or addition to your current operations
- Asking Price: $520,000
- Cash Flow: $160,000
- Gross Revenue: $350,000
- EBITDA: $160,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2005
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Seller will provide all necessary transition assistance.
Ready to retire
Great opportunity in one of the best economies in the United States. Unlimited potential for growth and expansion.
Great Opportunity in one of the best economies in the U.S. Unlimited potential for growth and expansion. Current owners don't have any formal marketing for how they seek new business. All new business has been through builders, repeat-clients and referrals. Considerable potential business waiting to be tapped into.
The business was established in 2005, making the business 17 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell businesses. However, the true reason vs the one they tell you might be 2 absolutely different things. For instance, they may state "I have way too many various obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be reasons to attempt to conceal the reality of changing demographics, increased competition, recent reduction in earnings, or a range of various other factors. This is why it is really vital that you not depend totally on a seller's word, but rather, make use of the seller's solution along with your overall due diligence. This will repaint a much more reasonable image of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans with the purpose of covering points like stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can imply that earnings margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that need to be met or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location bring in brand-new consumers? Often times, operating businesses have repeat clients, which develop the core of their everyday earnings. Specific variables such as brand-new competitors growing up around the area, road building, and employee turn over can affect repeat customers and negatively influence future incomes. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the higher the chance to build a returning consumer base. A last thought is the general area demographics. Is the business located in a largely inhabited city, or is it located on the outskirts of town? How might the neighborhood average home income impact future revenue prospects?