Professional IT and Conference Management Consulting Firm

KS

Professional IT and Conference Management Consulting Firm
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,750,000

EBITDA: $325,000

FF&E: N/A

Inventory: N/A

Established: N/A

Professional IT and Conference Management Consulting Firm

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Business Description

The Company provides staffing for a wide array of IT positions such as software development, systems and application design, business process reengineering, network administration, and telecommunications to name a few. Conference management services include site research and selection, contract negotiations, onsite logistics, budget development and maintenance, in addition to several other key elements involved in launching high profile conferences. In 2018, revenue was derived from IT Support Services (55%) and Conference Management Services (45%).

In 2018, customer markets served included associations (32%), state government (30%), commercial (28%), and federal prime contractors (10%).

Success Factors Contributing to Continued Success

---> Numerous Multi-Year Contracts
---> Longevity in marketplace (founded in 1979)
---> Experienced in how to do business with government customers
---> Highly Profitable Niche Business (EBITDA margins averaged 19.4% of revenue between 2016 and 2018)

Detailed Information

Reason for Selling:
Exit Planning (Retirement)
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(from currently available funds)
 
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Luan Ly

Business Listed By:
Luan Ly

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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