IT and Communications Business Servicing the Delmarva Peninsula

Salisbury, MD (Wicomico County)

Seller Financing Available
IT and Communications Business Servicing the Delmarva Peninsula
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Asking Price: $175,000

Cash Flow: $70,000

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $20,000

Inventory: $5,000

Rent: $1,500 /Month

Established: 2006

IT and Communications Business Servicing the Delmarva Peninsula

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Business Description

GREAT OPPORTUNITY! Owner financing available!

Well established business-to-business IT and Communications Services Company, primarily servicing the Delmarva Peninsula. Based in Salisbury, MD and established in 2006, this company has many long-standing commercial clients as well as many local, state, and federal government clients. Company provides IT Managed Services, Telephone Systems (Digital and VoIP), Access Control, Video Surveillance, and Infrastructure (cabling/datacenter buildout) services. Company represents many national and global technology vendors including Cisco, Dell, HP, and others. 7 year average yearly gross is $550k+

Detailed Information

Location:
Salisbury, MD
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office is currently on month-to-month lease w/ 3 year option on the table. Other assets include furniture, systems (workstations, laptops, servers, phones), vehicles (4 work vans/trucks) and all inventory/parts on hand.
Competition:
Primarily servicing Dover DE, to Atlantic VA - Company is one of about a half-dozen professional technical services companies on the shore. Company has a unique position against the competition and consistently gains clients from the competition due to our outstanding reputation.
Growth & Expansion:
Possible growth with the right leadership. Owner likes the current size as it is manageable and profitable.
Financing:
Down payment with 2-3 year financing available.
Support & Training:
Owner is willing to negotiate transition and ongoing support.
Reason for Selling:
Owner has been offered and opportunity with a semi-national manufacturer rep.
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Business Listed By:
Todd Justice

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