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Quick Facts
Asking Price: | $3,250,000 | |
Annual Revenue: | $3,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,048,183 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 20 | |
BBN Listing #: | 748256614 | |
Broker Reference #: | SV00058 |
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Business Overview:
OverviewWell Established IT Staffing Business with Fortune-500 clients. Established in early 2000, This technology staffing company has three revenue streams: Staff Augmentation, SOW Custom Development and Technical Recruiting. In addition to the bay area location, this business also has offshore offices in Chennai and Hyderabad in India.
The current staff includes 20 billable employees on 1 to 3-year contracts. Additionally, the sales and marketing team includes two well established sales professionals based in the USA and 1 marketing person based in India. This is a strong company with direct relationships with well-known Bay Area companies in the Technology and Bio-Technology industries.
This is a great opportunity for anyone looking to have a presence in Silicon Valley or simply buy the business and continue growing. Owner is committed for a successful transition to the new owner.
In 2019, this business has started a new data migration practice to help clients such as Workday, Google and Facebook. This could be a potential growth driver for the company.
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