Off Market
Off Market
Smart Home and Commercial Electronic Systems Integrator
$475,000
Oakland County, MI
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Gross Revenue
$1,064,930
Owner's Cash Flow
$213,767
Min Down Payment
$375,000
Employees
4
Business Summary
The business, incorporated in March of 2001, is a leading technology solutions provider dedicated to enhancing the lifestyles of homeowners and optimizing business operations. The business holds a valid security license and boasts a long-standing partnership as an authorized Control4 dealer. With a comprehensive range of technology products and services, the business sets itself apart by offering seamless integration that surpasses its competitors. The company's guiding principle is to deliver products and services that exceed client expectations, focusing on educating and consulting clients to ensure they receive tailored solutions aligned with their needs.
Key Highlights
Year established
2001
Real estate
Leased
Reason for selling
The owner is well into retirement age.
Support and training
The current owner is willing to stay on with reduced hours for up to 6 months to help with the transition.
Broker of Record
John McCleary
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,553 | $5,901 | $3,173 |
| COGS | $9,635 | $9,287 | $7,525 |
| Gross Income | ($5,082) | ($3,386) | ($4,352) |
| Operating Expenses | $8,266 | $171 | $5,535 |
| Operating Incomes | ($13,348) | ($3,557) | ($9,887) |
| Net Other Income (Expenses) | ($2,198) | ($7,237) | ($1,558) |
| Net Income | ($15,546) | ($10,794) | ($11,445) |
| Interest | $9,862 | $7,358 | $2,802 |
| Depreciation | $8,381 | $8,230 | $7,123 |
| Amortization | $3,116 | $4,350 | $8,182 |
| EBITDA | $5,813 | $9,144 | $6,662 |
| Add-backs | $67,365 | $58,453 | $51,709 |
| Owner's Cash Flow | $73,178 | $67,597 | $58,371 |
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Projected Free Cash Flow
