Seller's Contact Information
- RE: Managed Services For IT
- Contact: Cortney Sells
Quick Facts
Asking Price: | $8,900,000 | |
Annual Revenue: | $9,298,823 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,953,071 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 7 | |
BBN Listing #: | 401334398 | |
Broker Reference #: | TEC017-H |
Business Overview:
This IT company offers managed services such as server architecture and design, Microsoft office 360, system backups and restorations, VOIP solutions, network design, dedicated environments, platform hosting, shared servers, and 24/7 monitoring/ crisis control services. Additionally, they offer IT based staffing services as an add on service for current clients. Based on the first half of the year, and their consistent growth pattern, this company is expected to have an annualized cash flow of over $2M! The purchase of this business not only includes an excellent reputation for customer service, but also an established and efficient team consisting of 7 W2 employees including 2 Sales Associates, 3 IT Engineers, and 2 office administrators. Their current client base has consisted of 85% repeat customers annually thanks to not only their high levels of vested ongoing customers but also their ability to cross advertise to varying clientele. The owner of this cloud and IT management service has full faith in the continued success of this business and to show his vested interest in the operation has offered to carry or roll equity of 30% as a sign of good faith in the continued success of the business. This
offer, which is far above the market average of carrying 10% total, is on top of the presented 2-year transition period even though the current owner’s responsibilities of general oversite and aiding the team could easily be absorbed by the skilled staff.
Established in 2011, this business is located in Omaha, NE. Their current service area is primarily throughout Eastern NE, but they have the potential for worldwide clients. New ownership has countless possibilities for further growth, or the chance to relax and enjoy the current organic growth path the team is on as 2022 is set to be their best year yet with an annualized revenue of over $9M and a 21% profit margin.
Priced at $8,900,000 this business with an excellent reputation
for never losing a client is poised to deliver a stable and continually growing opportunity to the lucky new owners.
Growth opportunities for this business could include expanding
into a tech help desk service or geographically expanding the
customer base outside of Eastern Nebraska.
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Market Competition and Expansion:
Expanding into a tech help desk service, geographically expand customer base.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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