Gross Revenue: $3,286,276
Rate/Sq. Ft.: N/A
IT/Telecom Infrastructure & Service Provider
Leading the Hospitality Industry’s Transition from Legacy Systems to Cloud Based Technology, Price $2,100,000:
This profitable and established company provides the technology footprint to the hospitality industry from conception to support. Company offers telecommunications and technology focused consulting, equipment, maintenance, and 24/7 virtual services to the hospitality industry – hotels, motels and multi-dwelling units (MDU) – as well as small to medium business (SMB) markets. Its profitability is strong, boasting recurring revenues of 29% in 2015 with 2016 projected revenues of $3,286,276 and projected Adj. EBITDA of $688,249. Its continued growth strengthens its purchasing power, allowing the company to benefit from significant discounts that will be realized in 2016 and years to come. With a client base of nearly 500 customers, this firm is poised with solutions as hospitality consumers demand innovative technology. The company offers an industry buyer the competitive advantage in its marketplace. Buyer must meet strong financial and industry qualifications. This business is listed for sale by Walden Businesses, Inc., a prestigious mergers and acquisitions firm based in Atlanta, Georgia. For more information about this opportunity, contact Sara Burden, CBI, M&AMI, CM&AP, FMAS, FIBBA at 678-277-9951 ext. 11 or Jennifer Bailey, CBI at ext. 15. Please visit our website for more information about our company and the services we provide our clients.
Inventory: Included in asking price
Real Estate: Leased
Building Sq. Ft.: N/A
Lease Expiration: N/A
Facilities: Virtual Offices (Home Based)
Support & Training: Negotiable
Reason for Selling: Retirement – Other Interests
Home-Based: This business
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