NOT DISCLOSED, North Carolina
| Asking Price |
$725,000 |
Year Established |
2014 |
|
| Annual Revenue |
$725,000 |
Reason for Selling |
Retirement. Moving out of the area |
|
| Annual P/L |
|
Attention |
Shanon Madrid |
|
| Annual Cash Flow |
$340,000 |
Listing Number |
1017041 |
|
| # of Employees |
2 |
Business Category |
Technology: Communications & Media |
|
Business Overview:
$725K Gross Revenue/$200k SDE
The Business Intelligence Business serves small and medium-sized businesses across North Caolina, South Carolina and Virginia for government, business, and education sectors. The Company operates as two entities with separate business lines delivering technology solutions. One entity maintains servers, storage, virtualization, and cloud systems. They manage Microsoft 365, Active Directory, Entra ID/Azure AD, Group Policy, and identity systems, administering Windows servers and sometimes Linux systems. They assist with planning and performing system upgrades, migrations, and deployments, troubleshooting complex infrastructure issues that lower-level staff cannot resolve, improving system performance, reliability, and security, managing backups, disaster recovery, and business continuity systems, and documenting systems. They craft standards, and procedures, working with firewalls, networking, VPNs, and related infrastructure, monitoring systems and responding to outages or alerts. They lead projects such as tenant migrations, server replacements, or cloud adoption, mentoring junior technicians or engineers, working with vendors, licensing, and hardware/software procurement decisions. They also author/ create IT policies, security standards, and best practices, serves as the escalation point for difficult support issues, recommends long-term infrastructure improvements, balances day-to-day support with project work, helps align technology decisions with business needs. They also perform the following: network monitoring and management, device monitoring and maintenance, help desk and remote access, patch management, layered security approach, system design and upgrades, IT consulting and cloud services.
The second entity is focused on the sales side; primarily products and services that are available to many types of business industries. They sell Synology products and services, Fortinet products and services, Microsoft subscription products. Website builds and related products and services. Software and other hardware products. All other product is purchased directly by the client through CDW. We give the client in the right product and assist on drop ship or just in time basis directly to the client so that they do not need to hold inventory. Together, the combined entities provide reliable and innovative solutions that save their clients time and money by implementing emerging and traditional networking solutions based on leading technology.
This is a turnkey operation is for a technically capable owner-operator. On day one, the buyer steps into a recurring revenue base, an experience handling most technical work, and accounts that have renewed month after month for decades. Average client retention is 7 years. Businesses with this depth of customer tenure rarely come to market.
Financial Highlights:
- Annual Revenue: $725,473
- Cash Flow (SDE): $190,000 year over year
- Recurring Revenue Engine: Monthly-billed agreements produce a predictable base, customers pay reliably, and bad debt has been negligible across three years of financials.
- Zero debt with clean corporate structure
- Tracking toward $1M annualized run rate
Operational Advantages:
- Fully remote model
- Minimal physical overhead and inventory
- Asset-light structure with tremendous operating leverage
- Cross-vertical client diversification from small to mid-size businesses
- Technical Depth: The experienced engineer on staff is regarded by the owner as one of the best systems minds in the industry. His compensation is already reflected in the cash flow, and his retention agreement is built into the deal.
Ideal for strategic acquirers, or existing IT service providers seeking immediate operational synergies and a proven platform for rapid expansion, with senior technician in place and a retiring owner committed to a clean handoff. Qualified buyers will receive detailed financial information, blind customer analysis, operational data, and access to the Confidential Information Memorandum upon execution of a Non-Disclosure Agreement and completion of a Buyer Profile. For more information, please contact Shanon Madrid at smadrid@sunbeltnetwork.com or 919-624-9275.
Property Features and Assets:
Home Based
Market Competition and Expansion:
Solid competitive edge with reasonable pricing model for 100+ clients.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity