Business For Sale

Full Service Information Technology Agency - Ne...

Raleigh, NC
Wake County

Asking Price: Annual Revenue:
$779,000 $1,720,385

Services: Education & Training

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RE: Full Service Information Technology Agency - Ne... Broker: Jim Martinez
Owner Financing is Available!

Quick Facts

Asking Price: $779,000
Annual Revenue: $1,720,385
Net Profit: Not Disclosed
Cash Flow: $305,103
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 17
BBN Listing #: 787638783
Broker Reference #: RALEINC001-N706

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Business Overview:

This company is a full-service training and development agency pioneering solutions to help global organizations realize the potential of the modern workforce. For over 20 years, they have has worked with some of the world's leading companies to improve performance through learning and technology to ensure sales enablement, regulatory compliance, competitiveness, relevancy, leadership and talent development. Their collaborative partnership approach with every client project ensures: - Each deliverable meets client expectations - Planning, communication and risks are managed effectively - Project is on-time and to budget - Customized training and learning solutions - Mobile solutions - Curriculum design - Create, curate and share learning content - Leadership and management development - Compliance, ethics and diversity training - Human capital training solutions - Cyber Security and counterfeiting Training - Skills training and performance improvement - Learning management systems services - Translation and localization - Instructional training and educational videos - Web-based, instructor-led and virtual services This company is a spin-off from a UK company, That company was sold in 2006; however, the shareholders kept the US division and changed the name to ITS Information in 2007, while keeping the US·based clients. The Hewlett Packard business remained with ITS and was very successful and profitable as ITS largest customer. However, in 2015, HP began breaking up and spinning off into separate entities. As a consequence of the HP split, the two major companies that were created-HPE and HPI-adopted different strategies to the original parent company. These changes affected ITS in that a number of services previously offered were no longer required, and ITS had to restructure the organization. With ITS very good and long-term relationship with HP over many years, it retained and extended its master service level agreements with HPE, HPI, Micro Focus and DXC. 2016 and 2017 were ITS restructuring years, and the only two years in its history where it showed losses. ITS has now restructured and stabilized, turning itself around and bringing in not only the new HP spun-off businesses, but other new clients and expanded work with other customers. Clients have come to trust TIS to deliver learning and development solutions that are fundamental to the growth of their employees and overall organization. By offering clients a variety of different methods to suit their audience and IT delivery requirements, ITS ensures that all the customer's Learning needs are delivered to spec, on time.From the prospect stage to customer support and project management, customers are given the same great level of support. With every project, ITS pays careful attention to building a great, on-going relationship between the assigned ITS account team and each client right from project kick-off to project handover. In summary, although ITS runs a first-class design practice, much of its appeal to customers are its ability to deliver projects on time and to budget. In this respect, ITS has a first-class reputation.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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