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Audiovisual And Smart Home Installation Business In Palma For Sale

Palma, Mallorca, Spain
Asking Price:
€500,000
Turnover:
€500K - €1M
Net Profit:
Available on request

At Green Point Commercial Property we are very pleased to exclusively bring to the market this great Audiovisual and Smart Home Installation business.

Mallorca is the home to thousands of luxury villas and some of the most expensive villas across Spain with the owners to have the most state-of-the-art audiovisual installations, advanced home cinemas and use of technology to control all aspects of their residences.

The business itself has been established now for over 15 years and is one of the leading companies which instal high-end audiovisual equipment as well as a whole host of the latest smart home technologies to luxury villas and now some of the most prestigious boutique hotels and superyachts on the island.

The business comes with a skilled and highly qualified multi-disciplinary team with experience in integrating and designing audiovisual projects, home theatres, IP networks, audio multi-room, intelligent security and lighting control, etc.

They work with architects, designers and homeowners to provide the best custom solution dependent on their requirements.

The business is also an approved supplier for over 30 technology brands allowing them to maximize profit on every installation.

The business is highly profitable and a full set of accounts is available should any interested buyer want to visit in person. The business would suit someone with an understanding of technology but it is not required to have a technical background as there is a very experienced team in place to assist with all the projects.

Property Information

Real Estate:

Lease

Leasehold Rent:

€22,800 per annum

Location:

Palma

Premises Details:

A Shop space as well as a storage facility

Business Operation

Expansion Potential:

Yes, this is a growing market

Employees:
8
Years established:
15

Other Information

Support & training:

Yes

Furniture / Fixtures value:
€30,000
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