IT Services & Solutions Government Contractor in Maryland

MD

IT Company
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Asking Price: Get Financing: N/A

Cash Flow: $500,000

Gross Revenue: $2,800,000

EBITDA: N/A

FF&E: $20,000

Inventory: $1,000*

Lease Rate: N/A /SF

Established: 1997

*not included in asking price.

IT Services & Solutions Government Contractor in Maryland

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Business Description

Leading IT services and solutions company based in the Baltimore-Washington corridor. The Company has provided IT solutions on a contractual basis to Federal and State governments, as well as commercial clients. It provides life cycle support for systems engineering and systems integration solutions involving custom software implementation, hardware optimization, and data center management. The Company's core competencies include systems engineering, independent verification and validation, cyber security, software development, legacy systems reengineering, and integration solutions.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
9/30/2017
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company has a single leased facility of approximated 3,000 square feet, which is currently leased on an annual basis at $6,200 per month. Landlord is willing to enter into a longer term lease. The leasehold improvements are very attractive and well furnished. The building is located in the Baltimore-Washington Corridor providing easy access to Federal and State government agencies.
Competition:
The Company has is strategically located geographically and has provided key services to federal and state agencies, and commercial clients. Having a history of providing its services to these clients for 20 years, revenue has been very stable over the years. This Company is repeatedly sought after by federal and state agencies for the quality of its performance.
Growth & Expansion:
The Company has a stable and repeatable revenue base, and tends to submit proposals only on business within their key strengths. They have a very high success rate on their proposals. The opportunity exists to submit proposals outside of their desired specialties, thus grow the revenue of the business and staff accordingly.
Support & Training:
The owner will provide support to the buyer and transition training as necessary depending on the request of the buyer.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Andrew (Drew) Smith, M&AMI, CBI, MCBC, CBB

Business Listed By:
Drew Smith

The Morton Group

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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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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