Missouri IT and Software Service Businesses For Sale

IT and Software ServicesMissouri

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Profitable Technology IT Support Service Business for SalePartial Absentee Niche public-sector business long-standing contracts
$1,800,000Cash Flow: $469,687
Profitable Technology IT Support Service Business for SalePartial Absentee Niche public-sector business long-standing contracts

Saint Louis County, MO

Note: Financials and asking price update 8-30-2019 to reflect all add-backs and seller's discretionary earnings. Opportunity to acquire an outstanding business with a strong reputation in it's specific public sector niche. Approximately 85% of revenue comes from public sector contracts, with the balance of revenue coming from B2B and some residential managed services. Company had once provided retail services but this has been phased out in favor of managed service agreements for the smaller clients and residential customers. Owner is partial absentee, spending approximately 10-20 hours per week on this business. This business has been built steadily since 2005, starting with just the owner. It has grown into an outstanding business with a strong structure with senior managers in place. Largest clients have been with the business for 9-10 years, with one client with the company since 2005. Company focuses almost completely on services, not reselling hardware or software very frequently. They provide full on-site technology leadership and support services for their clients, complimented by managed services, network administration, etc. This is a rock solid company that could use the infusion of some energy and potentially strategic skills (such as a robust help desk) to continue to grow and thrive. 3-year avg. SDE: $469,687 (including YTD Run-rate through August 2019)


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