NOT DISCLOSED, Colorado
| Asking Price |
$350,000 |
Year Established |
1995 |
|
| Annual Revenue |
$980,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Austin Smith |
|
| Annual Cash Flow |
$130,000 |
Listing Number |
1013270 |
|
| # of Employees |
5 |
Business Category |
Technology: Communications & Media |
|
Business Overview:
Established in 1995, this full service home technology company designs, sells, and
installs smart home automation, audio and video systems, security and camera systems,
networking, and related technology for residential and commercial customers in a
premier Colorado mountain resort community. The business has been the go-to
provider in the county for over 30 years.
The company is an authorized dealer for a leading whole-home automation platform as
well as a major satellite internet provider, and carries premium consumer electronics
brands with a Denver price-match guarantee. Revenue comes from three channels:
product sales and equipment (approximately 30 to 40%), installation and service labor
(approximately 50 to 60%), and a growing base of recurring monitoring and
maintenance customers. Approximately 50% of revenue comes from repeat customers
including local builders, developers, ski resorts, restaurants, and homeowners.
The business operates from a leased retail and warehouse location and employs five full
time specialists, including certified programmers, network engineers, and installation
technicians. The team handles all technical work independently of the owner. A new
owner with sales and management ability can step in with minimal disruption to
operations.
The seller is 65 and retiring after 30 years. He is committed to providing full training
and transition support. Seller financing may be available. The deal is well suited for SBA
7(a) financing, with a debt service coverage ratio exceeding 2x at the asking price.
This is a rare opportunity to acquire a profitable, staffed business with deep local
relationships in a geographically insulated market with limited competition. The
business serves a second-home and tourism-driven economy that provides more
stability than typical residential markets. A motivated buyer with sales energy could
meaningfully grow revenue from current levels.
Property Features and Assets:
The business operates from a leased commercial space that includes a retail showroom, warehouse and inventory storage, and office area.
Market Competition and Expansion:
The business operates in a Colorado mountain resort county with a tourism and second-home driven economy. The seller describes this market as more stable than a typical residential economy due to the consistent demand from vacation homeowners and resort visitors. There is one primary local competitor. The nearest major metro alternatives are in Denver, over an hour away, and those companies charge significant travel premiums for mountain service calls. The business has maintained a dominant local position for 30 years through deep relationships, Denver price matching, and post-sale service support.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity