Home Automation Wholesale and Retail Distribution Company

Business Description

For sale is a stocking, wholesale and retail distribution company based out of San Diego. Founded in 1989, they possess long-standing relationships with over 110 manufacturers that have products that span the home automation, security, low voltage and networking categories.

They purchase distributor level discounted inventory directly from their manufacturing partners, which allows them to compete effectively at both wholesale and retail levels, with attractive margins in both sales channels (up to 24% wholesale and 40% retail). They have an attractive revenue mix generated across multiple selling venues including two internally built and owned websites, phone, email, live chat, counter sales, Amazon, Walmart and eBay, with both B2B and B2C earnings.

The business is comprised of two websites in addition to their third-party sale platforms and each has their own distinct brand and marketing strategy. They have a solid physical plant in San Diego including a warehouse in a newer business park with current state-of-the art infrastructure and a proven, positive corporate culture. Their mission is to take care of their customers before, during and after a purchase, with lifetime support offered on all products.

Financial Overview

Asking Price: $5,300,000 + Inventory

Revenue: $12,004,898

Income: $1,165,762

Multiple: 4.5x

The listing is either pending or closed so the NDA cannot be signed