Smart Home, Home Theater, Audio, Security & Surveillance! (17950)

Established in the residential housing construction market of Florida’s Central East Coast, this electrical contractor has a niche focus on the conveniences of modernized homes.
Fully licensed electrical services: automation, wiring for home electronics, shading, distributed audio systems, surveillance, lighting, and communications networks for voice & data, and more!
Automation includes audio, lighting, HVAC, window treatments, surveillance and security.
Extensive product line! Universal remotes, home theater, smart house, lighting control, security and surveillance, and multi-zone audio and video distribution systems.
Efforts in place to grow recurring income from monitoring work for clientele around the space coast.
Growth opportunities: increased focus on new developer relationships and more commercial projects (currently 5%.)
High profitability margins and 2024 Sales Projections over $560K.
Smaller scale due to owner preference. Revenues of $534,344 for 2023 produced Discretionary Earnings of $125,169 (23% margin!)
Additional Monitoring revenues steadily increase: 2021: $33k, 2022 $38k, 2023: $46k.
Leased industrial-zoned retail location. 2,600 square feet includes shop, ample parking, and can handle expansion.
Key employee taking more managerial duties!
Ownership focused on bids. Potential for streamlined operations as experienced team likely to stay after a standard transitioning.
Enjoyable industry to work in with a great work-life balance for new ownership!