IT Solutions Company

Roanoke, VA
Roanoke County


Asking Price: Annual Revenue:
$14,900,000 $7,798,378

Miscellaneous: Non-classifiable


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RE: IT Solutions Company Broker: Mike Keen

Quick Facts

Asking Price: $14,900,000
Annual Revenue: $7,798,378
Net Profit: Not Disclosed
Cash Flow: $1,595,509
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: Not Disclosed
BBN Listing #: 868364288
Broker Reference #: ROANOVA001-52325

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Business Overview:

This 30-year-old, family-owned, IT Solutions company provides an array of services to large, medium and small businesses. This company is an Oracle partner and provides expertise in all pillars of the PeopleSoft? application both Onsite and Onshore through their U.S. based PeopleSoft? Team. The company provides Managed IT Services (VMS), Cloud Hosting (HaaS) (PaaS), VOIP, or an Enterprise Grade Software Solution (HGaaS). The business has become an acknowledged leader in the IT Solutions space and has experienced significant growth. They are quality driven, with a product development approach to problem solving to ensure success to every customer. This listing also provides the opportunity for continued leverage with their 100% web-based low code platform, which manages security, database transactions and online processing and batch processing. The low code market is a $25B global market. There is considerable overlap of services with the client base, which results in recurring revenue. Revenue: $7.7M+, with a cash flow of more than $1.5M. The asking price includes a modern office building with approximately 7,000 +/- square feet and approximately 1.03 +/- Acres, Intellectual Property, and FF&E. For more information on this listing, contact: Mike Keen at (540) 777-1585 or mkeen@sunbeltnetwork.com We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at mkeen@sunbeltnetwork.com or call us at (540) 777-1585 to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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