IT Consulting and Staffing Firm - NJ
| Asking Price: | $2,150,000 | Inventory: | |
| Gross Revenue: | $2,574,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $478,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: strong & steady | |||
| Cash Flow Comments: 3 year average | |||
This firm has been a leader in information technology staffing and consulting since 1995. Its top team of full and part-tiem professionals deliver results for its Global 1000 clients through the design, development and implementation of leading edge enterprise technology solutions.
The firm services a diverse customer base in a range of industries including Financial services, health sciences, pharmaceutical, publishing and others.
Gross revenues have been in the $2.6mm to $2.8mm range for the last three years with an average adjusted net to owner in excess of $478,000 for that period. The firm's focus in the Pharma and Health Sciences as created a recession proof business.
The firm services a diverse customer base in a range of industries including Financial services, health sciences, pharmaceutical, publishing and others.
Gross revenues have been in the $2.6mm to $2.8mm range for the last three years with an average adjusted net to owner in excess of $478,000 for that period. The firm's focus in the Pharma and Health Sciences as created a recession proof business.
About the Business
Year Established:1995
Facilities:The firm is located in a professional office building, well situated in a prime area in NJ. Current monthly rent in approximately $6000.
Market Outlook and Competition:The IT consulting & Staffing industry is a ompetitive market; but the firm has built an outstanding reputation, has a diversified base of customer and industries serves, and has maintained a steady level of revenues for past several years.
About the Sale
Reason For Selling:Owner/Seller looking for a change after many years in the industry.
Seller Financing:Seller will consider some financing for a financailly and experientially qualified buyer with a substantial down payment.
KEYWORDS: IT Staffing IT Consulting Information Technology Employment Services
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