Smart home systems for in-home intercoms

Lake County, IL
NuSound Systems Room Speakers
Asking Price:$25,000
EBITDA:$10,000
Gross Revenue:$20,000
Established Year:2021
BUSINESS DESCRIPTION

This established business offers a great opportunity to get into your own manufacturing business with a patented product. During the 70s, 80s, and 90s, millions of homes were built with Nutone and Music&Sound intercom systems. Since then these products have become obsolete with homeowners grasping for ways to update or abandon these systems without patching and painting every room in their house. These dated intercoms have become a scar of outdated homes. Leveraging the wiring used in these systems NuSound Systems (nusoundsystems.com) provides a cosmetically appealing, fresh look to intercom systems with the smart functionality offered by Google Nest products. Patented wall mounts adapt to existing holes in walls. This business includes injection molding tooling for the primary device, however accessory items such as doorbell mounts, outdoor speakers, and main panel covers currently require customizable 3D printing and some woodworking.

This business has an ecommerce site providing detailed product descriptions, manuals, and installation videos. Product has been sold throughout the US, Canada, and Puerto Rico. The owner has done very limited advertising aside from its ecommerce site and has only been discovered through customers seeking NuTone and Music&Sound replacements. The owner operated the business as a supplemental income during college and is moving on to pursue a career in their area of education. Inventory has been deplenished due to recent orders with anxious customers waiting restoration of purchasing options.

Included with this business is a U.S. patent, injection molding tooling maintained at supplier, website, detailed engineering drawings, installations guides, and limited inventory.


ATTACHED DOCUMENTS
USD937800S1.pdf.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
1
Competition
Little to no competition for smart home intercom systems.
Growth & Expansion
Little to no marketing and advertising conducted outside ecommerce site. Millions of homes in US and Canada have dated intercom systems. Home automation distributors and residential electrical contractors offer great opportunity for rapid growth. SSO and social media also offer significant opportunities to improve visibility to these millions of potential customers.
Support & Training
Owner will get buyer up to speed on manufacturing processes for existing products. Documentation and support can also be provided for installation based questions.
Reason for Selling
Pursuing career in area of education degree
Home-Based
This business is Home-Based
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Nathan Hochhalter
Nathan Hochhalter