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Audiovisual/Smart Home and Marine Installation Business For Sale

Palma, Mallorca, Spain
Asking Price:
€600,000
Turnover:
€1M - €5M
Net Profit:
Undisclosed

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 home to thousands of luxury villas and some of the most expensive villas across Spain, with the owners having 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 for over 15 years and is one of the leading companies which installs 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 is situated 2 locations in Palma, one office in the heart of the shopping district and the other in the much sought-after location of the new Club de Mar to focus on increasing the business to the ever-growing Marine Industry.

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-rooms, intelligent security and lighting control, etc.

They work with architects, designers, and homeowners to provide the best custom solution, depending 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.

Green Point Commercial Property S.C. is a fully licensed commercial property broker based in Mallorca that covers opportunities throughout Spain.

Our experienced staff is here, not just to advise on buying a business but to help you with all aspects of the purchase and relocation.

With a network of lawyers, solicitors, immigration specialists, and accountants, we can make the process go through as smoothly and efficiently as possible.

For UK buyers, we can arrange for a business visa, which takes 3–4 months but will allow you to move to Spain post-Brexit with no issues.

Feel free to get in contact for a confidential discussion about this great opportunity and to discuss your specific requirements for your next business acquisition.

Property Information

Real Estate:

Lease

Leasehold Rent:

€22,800 per annum

Location:

Palma

Premises Details:

2 Shop spaces as well as a storage facility

Business Operation

Expansion Potential:

Huge Potential

Employees:
10
Years established:
20

Other Information

Support & training:

Yes

Furniture / Fixtures value:
€30,000