THE Business for Sale Marketplace

This Company, located in Northern Virginia, has been providing high quality IT Managed Services (including PC, server, and network support and maintenance) to a wide variety of customers for several years. As a Managed Service Provider (MSP), the Company fully takes over the day to day responsibility for a client’s system and delivers a more efficient, proactive and preventive type of support than either the client or an outsourced support company operating on a time and materials basis would be able to provide. Clients sign a two year fixed price service agreement that provides a steady stream of recurring monthly revenue in addition to projects, upgrades and revenue from work that is outside the scope of the agreement. Currently, the Company has a core of 20 clients, each of which generates $10,000 or more in annual Managed Services revenue, and 20 additional clients that provide a mixture of fixed price and time and materials revenue. Approximately 350 customer computers and servers are covered under Managed Service agreements. The Company has developed a comprehensive, leading-edge remote management system to monitor the clients’ systems, carry out preventive maintenance and fix more than 85% of customer problems without having to send a technician onsite. The system is tied into the Email, trouble ticketing, time tracking and accounting systems. It can accommodate several times the number of present clients with no further expansion or investment. A strategic buyer could realize significant financial benefits by: (1) Capitalizing on the efficiencies of the Company’s advanced remote management system; (2) Taking on the existing Managed Services contracts with their recurring monthly revenue; and (3) With minimal expansion of its own overhead, bringing most of the Company’s gross margin directly down to its own bottom line.