IT Staffing/Consulting Firm with Great Revenues - SBA Approved

PA

Seller Financing Available
IT Staffing/Consulting Firm with Great Revenues
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Asking Price: $1,500,000

Cash Flow: $379,448

Gross Revenue: $1,060,190

EBITDA: $379,448

FF&E: N/A

Inventory: N/A

Established: N/A

IT Staffing/Consulting Firm with Great Revenues - SBA Approved

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Business Description

This business has been SBA pre approved with 20% down for qualified individuals. After debt service, the approximate adjusted EBITDA is $190,000/year. And that is per 2018 financials. 2019 looks much much better.

This offering is for an IT and Tech consulting/staffing business for a variety of industries. The business helps companies find qualified, determined and motivated talent in various business IT fields such as but not limited to IT Leadership, IT Project MGMT, IT Architecture, IT Tech Operations, Database Design, Web Portals, Security, Systems Engineering, Cloud Solutions, Data Warehouse & Reporting.

The business since inception has doubled its revenue YoY by incorporating operational experience and interaction of the highest integrity and honesty with clients.

This business has gained numerous years of industry-tested experience and management experience of 25 years in the recruitment field. The company has since developed a working structure driven by perfection and excellence to deliver the highest quality talents to clients such that they can achieve a transparent and dependable relationship with their contractors/ consultants.

The company makes the process of hiring painless and effortless to clients in the industries they operate in. By taking on the process of hiring and recruitment for other companies, other companies can save time and still employ the best talents in the market to keep their operation running at peak power.

Key Highlights

· Approximately 70% of the revenue is recurring/repeat from big major clients and the rest is from smaller and newer clients joining the business.

· This business has diverse clients from different states in the US.

· The company has services agreements with specialists in different IT aspects across various sectors. These agreements are exclusive and resources are available upon request.

Detailed Information

Employees:
11
Growth & Expansion:
This business has developed strategies to aid its growth. The company has on hold 11 contractors who have already been vetted for their expertise, talents, and commitment to deliver. These contractors/ consultants are usually ready to be deployed on short notice to deliver to the client’s needs. Over time, this business has acquired 5-10 clients of whom deliver a recurring revenue of around 70% of the annual income of the business. The business commitment to quality and excellence is depicted in its revenue growth which grows by 100% yearly. For continued growth, the company is seeking avenues to expand into other sectors within diverse industry specifications.
Reason for Selling:
Starting a family
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(from currently available funds)
 
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Sundeep Gill

Business Listed By:
Sundeep Gill

Synergy Business Brokers

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Sponsoring Broker:
Blake Taylor

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