IT Services - Home Based, No Employees

Hillsborough County, NH

Seller Financing Available
IT Services - Home Based, No Employees
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Asking Price: $110,000

Cash Flow: $70,000

Gross Revenue: $100,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

IT Services - Home Based, No Employees

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Business Description

This business is a well-established IT Services provider to small businesses in southern NH. The owner started the business in 2010 and has seen sales and earnings be very consistent during the last 5 years. Services provided include help-desk services, software updates and upgrades, hardware installation and repair services. The business has about 35 customers, many of which have been customers for more than 5 years. The owner keeps excellent books and records making it easier for a buyer to verify the sales and expenses of the business. During the recent 3-year period, sales have averaged about $100,000 per year and the owner’s Discretionary Earnings averaging $70,000 per year. The business operates from a home office, thereby making it convenient for the owner and keeping the overhead low. There is potential to grow the business through advertising such as by setting up a web site and social media accounts as well as by adding staff. The business is being offered due to retirement. However, the owner is willing to stay on for a transition period with the buyer. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

Detailed Information

Location:
Hillsborough County, NH
Employees:
0
Facilities:
Home-based office.
Growth & Expansion:
May be achieved by (1) setting up a business web site and social media to promote the business (2) adding staff
Financing:
Seller will finance up to 40% of the selling price. Term negotiable.
Support & Training:
Seller will provide 2 weeks of training included in the sale immediately after closing. Additional time is negotiable.
Reason for Selling:
Retirement
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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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