List Price:
$2,000,000
Revenue:
$2,331,889
Cash Flow:
$595,939
Region:
South Carolina
Location:
Charleston County, SC

Overview:

Custom home technology integration business, established in 2010, specializes in high-end audio-video, networking, lighting control, and automated shades for residential projects. With certifications from URC, Vantage, and Control 4, the company has built strong relationships with builders, architects, and designers, primarily in the affluent Charleston area.

The business is known for its steady growth, focusing on new construction and whole-house remodels, often in homes valued over $2 million. Its client base consists of wealthy homeowners, including many purchasing vacation or secondary homes.

The business has flourished even during the COVID pandemic, driven by a surge in demand from clients needing home office network upgrades.

The owner is looking to sell to someone who can continue to build upon the foundation of quality and referral-driven success. The business is ideal for someone looking to enter the high-end home technology sector with an established and profitable operation.

2024
Revenue:
$2,331,889
Cash Flow:
$595,939

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Your Listing Advisor.

Ben Knight

Ben Knight

Managing Partner

A native of Richmond, VA, Knight graduated with a Bachelor of Arts in Economics from Hampden-Sydney College. He spent a year as an assistant football coach at Emory & Henry College before entering the corporate world.

Mr. Knight spent 20 years in the consumer products industry, working for a Fortune 100 company in sales and marketing. He started in an entry level position, and advanced through the organization to become Vice President of Sales where he was responsible for $750 million in annual revenue.

Next, Knight became Executive Vice President of Sales & Marketing for a small rigid packaging company in Los Angeles, where he led a once struggling company to grow from $27 million to $100 million in annual revenue in less than four years. However, the desire to own his own company caused Mr. Knight to research small companies for sale, particularly those located in the Southeast so he and his family could get back closer to their roots.

In 2007, working with Viking Mergers & Acquisitions, he acquired FASTSIGNS South Tryon located in Charlotte, NC. Next he acquired two additional locations for this franchise; Rock Hill, SC in 2009, and Matthews/Ballantyne in Charlotte in 2012. Through Knight’s leadership, he grew these locations to become one of the highest revenue generating groups of centers world-wide in the FASTSIGNS International franchise system.

Successfully selling these three centers in 2017, Knight decided to join with Viking Mergers & Acquisitions by opening a new location for them in Charleston, SC. As Managing Partner, he will help business owners and/or investors sell or buy a business in Berkeley, Charleston and Dorchester counties.

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