SOLD! Wholesale Business Specialising in Homes and Building Automation – VIC

This is a business specialising in the import and wholesale of home and building automation solutions, specialling in wireless and KNX technologies. It is offered for a quick sale as the owners have another business, and this business will benefit from a new owner with the time to service the growing market. 

The business has a comprehensive offering including devices and hubs for automation of lighting, window covering, climate control, ventilation, security, audio/video, gates, and electrical appliances.  Most clients are trade customers such as electricians, retailers, and NDIS solution providers. It also offers consultancy and technical support to installers and end-users on the solutions that it sells.

Highlights

• Annual revenue of $950,000 (FY2022) with approx. $120,000 income to the working owner
• Solutions that cover both wireless and wired standards in building automation / smart home
• Existing relationship with reliable overseas suppliers for the supply of products that meet the operating conditions and standards in the Australian market
• Established network of installers, agents, resellers and other clients 
• Integrated platform that includes B2B portals, financial system and B2C websites
• Enjoys a high level of repeat business customers
• Include CRM with over 1,000 business customers, training materials, showroom, lead generating platform

The market and demand for home automation for Smart Homes and Building Management Systems projects continues to gain momentum. This business has the structure in place to take advantage of this growing market, with an asking price below the investment needed to start from new.

While the owners can see the potential of the business, they believe that this is the time for them to hand over the business so that a dynamic new owner with fresh energy can take advantage of the growth industry going forward.

An inspection and meeting with the existing owner is highly recommended.

The asking price is $125,000 plus stock.  The vendor is flexible and negotiable for a quick settlement.