This northeast Ohio based IT company develops custom database systems and writes web and mobile applications. The company has five staff people and a stable of sub-contractors. Outside of company management which handles project management, business development and administrative duties, the staff includes a dedicated telemarketer, a front-end UI designer, and a back-end programmer fluent in most major programming languages.
The firm’s clients include dozens of non-profits and private companies across northeast Ohio. Notable clients include a publicly traded manufacturer of heavy industrial steel products, a large manufacturer of retail consumer goods, and a publicly traded REIT. The company currently has 10 outstanding proposals issued totaling over $250,000 in revenue. There is also $75,000 in contracted, but not yet completed/invoiced revenue.
This company is an ideal acquisition opportunity for any other IT company or entrepreneurial IT manager seeking a lifestyle business to acquire. Interested parties are required to have a minimum of $200,000 of liquid assets or a minimum net worth of $400,000 to receive further information.
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Reason for Selling:
- 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.