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Asking Price:	$350,000 USD USA Dollars
Business for Sale Industry:	Services: Communication, Technology
Reason for Selling:	Retirement
Year Established:	1987
# of Employees:	10
Yearly Revenues:	$950,000
Yearly Cash Flow:	$200,000

Business for Sale Overview:

Founded 21 years ago, this company has perfected the IT management outsourcing model for the mid-size market place. For sale are the company’s operation, its assets, and all client contracts. There are contracts currently in place with minimum expected revenue of $2.16 million over the next three years, not including contracts currently in negotiation. The Company has a dedicated staff of engineers, technicians and analysts with an average industry experience of more than 12 years.

Property Features and Assets:

The company is currently located in a 7,456-square-feet facility in a metropolitan area that includes build out and upgrades of $189,727 fully paid. The facility is currently leased at $7,281.27 per month and has plenty of room for expansion.

Market Competition and Expansion:

This Company, unlike its competitors, has created an IT management outsourcing model that effectively aligns IT planning with business planning by providing its clients with an on-site IT Director. Although currently serving a niche market, this Company will be able to expand its market with the right investment.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.