The technology integration firm is a leading provider of luxury home entertainment and automation systems serving high net worth clientele located throughout the east coast. The company is recognized as a pioneer in the home automation industry, specializing in luxury smart home system automation, integration, and design.

Key Aspects

Gross profit grew at a compound annual growth rate (CAGR) of 7.5% from 2018 through 2021
From 2018 to 2021, gross profit margins averaged 57.8%
All technical employees are experts in the home automation industry, with each having at least 10 years of experience
New website featuring an online marketplace portal to allow clients to access service plans is being released

Opportunities

Launch 3D online and virtual reality demonstration to increase customer interaction with product offerings
Expand opportunities with architects, builders, and designers to mass[1]produce fully integrated smart home technologies in multi-family developments
Grow emphasis in automated window treatments, outdoor entertainment, and architectural concealment services
Enhance yacht customer base within the SW Florida market, through direct interactions with boat owners and through B2B sales (i.e. dealer representatives, brokers, and interior renovation services).
Add an interior design specialist to develop advanced design plans to increase sales volume and specialty service offerings
Expand within the automated security services industry with trained security experts currently employed within the company
Develop and bolster service plan business through advanced marketing techniques to current clients

Headquartered

Mid-Atlantic/Southeast region

Current Markets

The company targets high net worth clientele throughout Virginia, North Carolina, West Virginia, Washington D.C., Florida, and New York.

Real Estate

The company leases a 2,595 sq. ft. flex-office workspace

Shareholder Objectives

The company is owned by two shareholders who are motivated to sell in order to create more financial flexibility to pursue different projects. One or both owners would consider staying with the company to ensure a smooth transfer of ownership and support the company’s growth and expansion.

Benchmark International

Benchmarks Exclusive Opportunities

Luxury Home Entertainment, Automation, and Technology Company – BM002249

Luxury Home Entertainment, Automation, and Technology Company – BM002249

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