IT Solutions Provider - Managed Services, Hardware & Software Sales

NC

IT Solutions Provider - Managed Services, Hardware & Software Sales
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Asking Price: N/A

Cash Flow: $404,000

Gross Revenue: $1,400,000

EBITDA: $306,000

FF&E: $35,000

Inventory: $63,000

Established: N/A

IT Solutions Provider - Managed Services, Hardware & Software Sales

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Business Description

Available for acquisition is a provider of information technology services focusing on handling all computer, IT, phone systems, security, backup, and ongoing support needs of small and medium size businesses, establishing itself as a true business partner for its clients. The revenue mix in 2018 included support services (44%), hardware (39%), software (14%), and shipping/delivery (3%). Summary capabilities include: Upgrades / Spyware Removal; Virus Removal / Email Set up; Voice Over IP Data & Phone Wiring; Network Security Design & Installation; Server Set up / Server Installation; Network Installation; Surveillance Systems; Data & Phone Wiring; Voice Over IP (VoIP); and Remote Backup. The Company is an authorized reseller of industry leading equipment such as Dell, Microsoft, Allworx, 3CX, and others; and has developed an efficient customer service platform with a focus on prompt turnaround, flexible remote and onsite services, and emergency services. The Company has a 1,450+ customer database comprising a wide range of small/medium size business enterprises in medical, industrial, retail, and professional services. The Company has carefully built its brand and reputation primarily on being a services provider, while pricing hardware and parts at minimum margins. This service orientation has resulted in steady recurring-customer growth over its years in operations, and, a high margin revenue mix of 50%+ in services versus lower margin equipment sales.

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Detailed Information

Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Establish exit strategy to pursue other business interests
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(from currently available funds)
 
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EJ Gray

Business Listed By:
EJ Gray, MSF

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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