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Top Things to Know + Business Model: Designs and installs home theaters and smart homes + Established Brand: Excellent reputation for outstanding on-time and on budget work + Longevity: Established in 2002, the company has been an industry leader for 19 years + Turnkey Operations: Company is guided by well-defined systems and processes + Workforce: Excluding the owner, the company has 4 employees - 3 FT and 1 PT + No Customer Concentration: The largest customer only represents 4% of revenue. + Training: Seller will train free of charge for 30 days to ensure smooth transition. Business Activity Established in 2002, for the past 19 years, the company has specialized in designing and installing custom residential and small business entertainment and technology systems (home theaters, automation, commercial-grade networks, etc.). The company specifies custom mid- to high-end electronic systems to fulfill the lifestyle and entertainment needs/wants of our discerning clients. This includes all phases: design, installation, programming, and service of these systems. “Systems” range from a simple TV and sound bar installation to a full-blown cinema room. For small businesses, the company will design and install conference room systems, and whole-office music for doctors’ exam rooms, for example. Type of Designs / Installs: o Home Theaters o Surround Rooms o Kitchen and Dining o Bed and Bath o Patio and Outdoor o Conference Rooms The typical customers are: o Builders o Architects o Remodelers o Designers o Homeowners o Small Business Owners Geographic area served: o North Texas Key Strengths + Established Brand: Excellent reputation for outstanding on-time and on budget work + High Referral Rate: 99% of the company’s business comes from word of mouth. + Experienced Labor Force: The average tenure of the employees is 17 years + Loyal Client Base: The company is now doing work for 3rd generation family members + Growing Market: With the constant change in technologies, there’s always a constant need for equipment upgrades or new equipment. Location: Dallas County, Texas Year Established: 2002 Number of Employees: 4 Facilities: The business occupies a 2,100 sq ft building and pays $2,300 per month. The latest lease commenced on January 1, 2020, for a period of 2 years and is set to expire on December 31, 2021.
Listed: Apr 18, 2022
Updated: 8 hours ago
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