Profitable IT Support & Software Company

Palm Beach County, FL (Relocatable)

Seller Financing Available
Profitable IT Support & Software Company
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Asking Price: $4,950,000

Cash Flow: $935,212

Gross Revenue: $2,779,953

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Established: 2014

Profitable IT Support & Software Company

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Business Description

Profitable IT Support & Software Co

The main activity which makes up over 95% of the revenue for this company is remote IT services and software sales. Fixing computers using LogMeIn Rescue or TeamViewer is the basic activity. This successful firm helps its clients build their brand and gets them the recognition they deserve. Reputation management to ensure you put your best face forward - those are just the tip of a multitude of services offered. They also offer Social Media Marketing, Search Engine marketing, Content Management and much more! Their Market Analysts will research the client's industry and competition to give them a much needed edge! Great acquisition potential for an existing IT company, an investment firm or a private investor. This qualifies for a VISA!

Detailed Information

Employees:
31 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
They occupy five suites in a commercial office building equipped with the latest technological advances, this company is well into the 21st century and beyond. Plenty of employee parking as well as break facilities. The company has been at the current location for 4 years. Location is not important as the work is done remotely.
Competition:
Main competition is Geek Squad and Office Depot. Industry is increasingly dependent on outsourced IT solutions.
Growth & Expansion:
Target demographic is 55+ with a computer. With different softwares and a recent introduction of phone and tablet support, the demand will be increased for a younger demographic as well.
Financing:
$1,500,000 down/$3,450,000 for 120 mos. @ 8.25%.
Support & Training:
Will train for 4 weeks @ $0 cost.
Reason for Selling:
Seller running this firm absentee - is looking to retire
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Anton Joro

Business Listed By:
Anton Joro

Murphy Business & Financial Services LLC

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Sponsoring Broker:
Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI

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