Profitable Internet of Things Business Investment Opportunity in Luton, UK
UK's leading smart home brand that has 80 products and 2,000 trade accounts seeks investment.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 3.4 million |
| Run Rate Sales | USD 3.56 million |
| EBITDA Margin | 40 % |
| Industries | Internet of Things |
| Locations | Luton |
| Local Time | 1:59 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.35 million
for
10.0%
stake
(Native Currency: GBP 1,000,000)
Reason: Looking for someone to bring in the capital that could be used to upgrade our tech infrastructure as...
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Includes physical assets worth
USD
3.4 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(213.0 KB)
Business Overview
- We are a home automation company and have operations in the UK, Ireland, Netherland, and France.
- Our company offers 80 products on one single application that can be controlled remotely or by voice control.
- We deal in B2B transactions and are currently selling to over 2,000 traders who are our regular customers.
- Our company has a turnover of GBP 2.5 million with gross margins of over 40% and has a low cost of operation.
- We also have a branch in China from where we source our hardware products. Currently, we are working with 9 such manufacturers.
- The software is in-built by the company.
- The business has three partners with a 40%, 30%, and 30% stake in the company.
- The business has taken a loan for the company premises and the outstanding payment is GBP 500,000.
- Our company offers 80 products on one single application that can be controlled remotely or by voice control.
- We deal in B2B transactions and are currently selling to over 2,000 traders who are our regular customers.
- Our company has a turnover of GBP 2.5 million with gross margins of over 40% and has a low cost of operation.
- We also have a branch in China from where we source our hardware products. Currently, we are working with 9 such manufacturers.
- The software is in-built by the company.
- The business has three partners with a 40%, 30%, and 30% stake in the company.
- The business has taken a loan for the company premises and the outstanding payment is GBP 500,000.
Products & Services Overview
We deal in smart lighting, smart electrical, smart security, and smart heating products.
Assets Overview
Physical assets include company premises with an area of 6,200 sq ft which is owned by the business and inventory, and debtors book.Intangible assets include brand value.
Facilities Overview
We have company-owned premises with an area of 6,200 sq ft in Luton.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investment Firm, Chichester, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysInvestment Director, Management Consultancy, Istanbul, Corporate Investor / Buyer connected with the Business
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