Hot Listing
Established MSP & Cybersecurity Firm with Strong Recurring Revenue
Business Description
CONFIDENTIAL CHICAGO-AREA TECHNOLOGY BUSINESS
This is an opportunity to acquire a long-established managed IT, cybersecurity, and technology-services company serving commercial and institutional customers throughout the Chicago metropolitan area.
Founded in 1998, the business has developed dependable recurring revenue, long-term customer relationships, experienced technical personnel, and established operating procedures. Annual revenue is approximately $600,000, with a substantial portion generated from managed IT and recurring technology services.
The company currently supports approximately 35 managed-service customers, 400 endpoints, and 80 servers. Services include managed IT support, cybersecurity, Microsoft 365 and cloud services, server and network management, backup and disaster recovery, hardware and software procurement, technology consulting, custom software development, AI business solutions, workflow automation, and application modernization.
The business has been built primarily through reputation, referrals, and long-standing customer relationships. A buyer with established sales, marketing, and account-management resources may have significant opportunities to expand recurring revenue and professional services.
Potential growth areas include cybersecurity and compliance services, Microsoft 365 security, cloud projects, penetration testing, backup and disaster recovery, AI consulting, business-process automation, custom software development, application modernization, geographic expansion, and cross-selling additional services to the existing customer base.
The company has experienced technical and administrative personnel who are expected to remain following a successful sale, subject to customary employment discussions and agreements. The team understands the customers, systems, support procedures, vendors, and day-to-day service requirements.
The owner is stepping away for personal health reasons and is seeking an orderly succession that protects the company’s customers and employees. The owner is prepared to provide transition assistance for up to six months, including customer introductions, employee and vendor handoffs, operational knowledge transfer, and assistance maintaining service continuity.
The asking price is $650,000. Seller financing is not available. The buyer must use available funds or obtain third-party financing.
The identity of the company, detailed financial information, customer information, contracts, employee details, and operating documentation will be provided only to qualified prospective buyers after execution of a confidentiality agreement and confirmation of financial capability.
Serious and financially qualified inquiries only.
This is an opportunity to acquire a long-established managed IT, cybersecurity, and technology-services company serving commercial and institutional customers throughout the Chicago metropolitan area.
Founded in 1998, the business has developed dependable recurring revenue, long-term customer relationships, experienced technical personnel, and established operating procedures. Annual revenue is approximately $600,000, with a substantial portion generated from managed IT and recurring technology services.
The company currently supports approximately 35 managed-service customers, 400 endpoints, and 80 servers. Services include managed IT support, cybersecurity, Microsoft 365 and cloud services, server and network management, backup and disaster recovery, hardware and software procurement, technology consulting, custom software development, AI business solutions, workflow automation, and application modernization.
The business has been built primarily through reputation, referrals, and long-standing customer relationships. A buyer with established sales, marketing, and account-management resources may have significant opportunities to expand recurring revenue and professional services.
Potential growth areas include cybersecurity and compliance services, Microsoft 365 security, cloud projects, penetration testing, backup and disaster recovery, AI consulting, business-process automation, custom software development, application modernization, geographic expansion, and cross-selling additional services to the existing customer base.
The company has experienced technical and administrative personnel who are expected to remain following a successful sale, subject to customary employment discussions and agreements. The team understands the customers, systems, support procedures, vendors, and day-to-day service requirements.
The owner is stepping away for personal health reasons and is seeking an orderly succession that protects the company’s customers and employees. The owner is prepared to provide transition assistance for up to six months, including customer introductions, employee and vendor handoffs, operational knowledge transfer, and assistance maintaining service continuity.
The asking price is $650,000. Seller financing is not available. The buyer must use available funds or obtain third-party financing.
The identity of the company, detailed financial information, customer information, contracts, employee details, and operating documentation will be provided only to qualified prospective buyers after execution of a confidentiality agreement and confirmation of financial capability.
Serious and financially qualified inquiries only.
About the Business
- Years in Operation
- 28
- Employees
- 5 (3 Full-time, 1 Part-time, 1 Contractor)
Experienced technical and administrative personnel are expected to remain follow - Facilities & Assets
- The business operates from professional leased office space in the Chicago metropolitan area. The buyer may continue from the existing location, subject to landlord approval, or relocate certain operations. Included assets may consist of company-owned computers, office equipment, internal operating procedures, service documentation, business records, customer agreements, vendor relationships, telephone numbers, digital assets, and other business property identified during due diligence. Customer-owned equipment is not included.
- Market Outlook / Competition
- The company operates in the managed IT, cybersecurity, cloud, software, and technology-services market. Customers increasingly require dependable support, stronger cybersecurity, Microsoft 365 management, backup and disaster recovery, regulatory assistance, and technology modernization. The business competes through long-term customer relationships, broad technical capabilities, responsive service, and nearly three decades of operating experience. Its combination of recurring managed services and specialized software capabilities provides meaningful differentiation.
- Opportunities for Growth
- The company has significant growth potential for a buyer with established sales, marketing, and account-management resources. Opportunities include expanding cybersecurity and compliance services, cloud and Microsoft 365 projects, penetration testing, backup and disaster recovery, AI consulting, workflow automation, custom software development, and application modernization. Additional growth may come from cross-selling to existing customers, geographic expansion, strategic partnerships, and acquiring smaller managed-service customer portfolios.
Real Estate
- Owned or Leased
- Leased
- Rent
- $350.00 per month
About the Sale
- Seller Motivation
- Owner is stepping away for health reasons and is seeking an orderly succession
- Transition Support
- The owner will provide an orderly transition for up to six months at approximately 10 hours per week. Transition assistance may include customer introductions, employee and vendor handoffs, operational knowledge transfer, review of service procedures, billing and administrative processes, and assistance maintaining continuity for customers and employees. The exact transition schedule and responsibilities will be documented in the final purchase agreement.
- Financing Options
- Seller financing is not available. Buyer must use available funds or obtain third-par
Listing Info
- ID
- 2519169
- Listing Views
- 165
Listing ID: 2519169 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. See our full Terms of Use. Learn how to avoid scams.
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