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- RE: Small (MSP) Managed Service Provider In CT
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $317,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $117,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 4 | |
| BBN Listing #: | 944927 | |
| Broker Reference #: | 1226 MSP |
Business Overview:
Long-term clients with some recent additions make this MSP attractive. Software licenses, full office setup and all business tools to be transferred with the company. All clients are expected to remain after sale.
This opportunity is managed by the owner with the help of one full time and one part time employee and two independent contractors. The company maintains an office in Stamford, CT which a new owner could take over with all office amenities, including deposit and all tools associated with the business, to be included in the sale.
The Company has been in business for over three decades and enjoys a solid reputation in the community and with their clients. Revenue by type is fairly diversified, with service revenue and contracts making up the majority of the revenue (60% in 2023), hardware sales accounted for less than 5% of topline revenue in 2023.
Teaser financials are taken from year ending 2023. The company’s full service offering, products, partners, and financials are available.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The suite is located in an office building shared with many other tenants, including a dental office.
Market Competition and Expansion:
Competition: The MSP space continues to consolidate with many “service offering” propositions.
Growth & Expansion: The business has a solid book of business with the team and operational resources to continue growing with a new sales function.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Connecticut businesses for sale
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