IT Support Services

South East

RET1561
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,477,000

EBITDA: $579,000

FF&E: N/A

Inventory: N/A

Established: N/A

IT Support Services

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Business Description

An established IT support firm in the Carolinas that primarily serves small businesses. The company offers planning and budgeting, project sourcing and installation, ongoing support and managed services, backup and disaster recovery, compliance, and security.

Key aspects
•Longstanding recurring revenue streams in place
•One of the longest operating IT support firms in the local market
•Holds advanced authorizations from Tier 1 software manufacturers (i.e. Microsoft, Cisco, IBM, and Lenovo)
•Quality client base driven mainly through referrals; selective with the clients it takes on
•Technical team is cross-trained
•Ample work available in existing regional market

Opportunities
•Hire personnel for sales prospecting
•Create a dedicated advertising and marketing plan
•Continue to diversify revenue and bring on additional SaaS customers
•Option to expand geographic footprint into neighboring cities

Headquartered
•Carolinas

Current markets
•Regional

Real estate
•The company operates from a 2,200 sq. ft. facility leased from an affiliated-entity. The company is one of three tenants in the building. The owners will entertain selling the building or entering into a long term lease.

Shareholder/owner objectives
•The owners are approaching retirement age and would like to get an exit strategy in place. Both work full-time in the business and are available for a transition period to facilitate a smooth transfer of ownership.

Attached Documents


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David Steverson

Business Listed By:
David Steverson

Benchmark International

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Sponsoring Broker:
Emily Cogley

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