IT Value Added Reseller with Exclusive Govt. Contracts
Location: Southeast
Industry: Business Services > Other Business Services
Financials
Gross Revenue: $10,000,000
Cash Flow: $800,000
Inventory: $22,403 (Included in Asking Price)
FF&E: $30,848 (Included in Asking Price)
Business Summary
Founded in 1988, this rapidly growing VAR has exclusive contracts with suppliers and clients including state governmental agencies, school systems, related public entities, and commercial businesses. It provides a variety of hardware products, imaging software and on-going service and support to approximately 120 active customers. Under its aggressive and excellent management team, double digit revenue growth has been experienced in each of the last 3 years. With strong management in place, a skilled sales staff that will remain after the transaction, and tremendous opportunity for expansion into additional geographic regions, this company represents an ideal acquisition for a company or group seeking additional presence in the technology sales arena.
About the Business
Year Established: 1988
Employees: 9 full time -
Facilities: 3400 square feet class A office space in a well developed area.
Market Outlook and Competition: Growth in revenue and earnings is expected to continue based on existing contracts. The IT environment within the state government has created conditions in which exceptional growth is highly problable. Strong relationships with several strong IT brands bode well for continued growth in sales.
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Seeks acquirer in order to facilitate further growth of the business
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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