Home Automation/Smart Home Security
- Status: Sold
- Price: $799,000


Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
Smart Home Solutions Provider
Asking Price: $799,000
Financing: SBA Loan Possible
This is a premier provider of cutting-edge low-voltage smart home systems, based in West Hollywood and serving the greater Los Angeles area. With 6 years of experience, the company has established a stellar reputation for transforming residential developments into state-of-the-art smart homes.
Key Highlights:
C-10 Licensed, Bonded, and Insured: The company specializes in wiring and installing security systems, AV systems, intercoms, and more for new home constructions. Strong Industry Relationships: Trusted by builders, real estate developers, construction companies, architects, and designers. High Demand for Smart Homes: The market for home automation is booming, and they provides tailored solutions to meet current and future connectivity needs. Exclusive Dealerships: Control4®, Savant, Lutron, Sony, and Josh.AI dealerships offer the business a competitive edge with premium pricing, rewards, and rebate programs.
Project-Based Structure: No “master” contracts but steady relationships with vendors and clients that fuel continuous growth. 26 Active Projects: Solid pipeline of ongoing and future work, ensuring consistent revenue streams.
Financial Overview:
Annual Gross Revenue: $1.5 Million
Annual Net Income: $300K (including owner’s personal addbacks)
Rent: $1,600/month for a 700 sqft office space in Los Angeles County
Inventory: Approximately $50,000 (in addition to purchase price)
Equipment: 2 vans (one paid off, one 2019 Ford Transit 250)
Vendor Relationships: Control4, Savant, Lutron, Sony, Josh.AI, Snap One, Volutone, Koa CCTV, Blackwire Design, Wave Electronics, and more. C-10 Contractor License Required (C-7 Also Applicable) This is an excellent opportunity to acquire a thriving, well-established business in the high-demand smart home automation industry. With a robust client base, dealership advantages, and increasing year-over-year growth, they’re poised for continued success.
Business Information
Financial Information
- Annual Total:
- 1,500,000
- Revenue:
- Annual Net Income:
- 300,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: