Hot Listing

IT Services Firm Serving the Rocky Mountain West

Asking Price$1,600,000

Cash Flow
$522,648
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,741,468

InventoryNot Disclosed

FF&ENot Disclosed

IT ServicesSave
Hot Listing

IT Services Firm Serving the Rocky Mountain West


Asking Price$1,600,000

Cash Flow
$522,648
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,741,468

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Serving the Rocky Mountain West, this company has over 30 years of experience providing technology services to city and county governments and the private sector. They have built a solid client base and a strong reputation across the state as a quality provider. The company is primarily focused on assisting organizations in managing and maintaining their IT infrastructure. In addition to its core services, the company also operates a retail store.
Company’s services include:
• Network design/implementation/maintenance
• Systems integrations
• Access control
• Camera security and surveillance
• VoIP phone systems (separate business entity but included with the sale)
• Computer repair /retail store (22% of revenue)
About the Business
Years in Operation
30
Facilities & Assets
The seller owns the building that serves as the company headquarters and retail operations. The buyer would have the option to lease the facility for $2500 per month or buy the property at market value, which is about $300,000.
Market Outlook / Competition
With 30 years serving their market, the company has a very loyal customer following. Most of their customers have been with them for decades and customer churn is very rare. Most of their new business comes from direct client referrals.
Opportunities for Growth
Opportunities to grow the business include:
• Expand managed services into other verticals
• Build out a sales force. (Company does not currently have a sales force)
• The growth of emerging technologies also offers new opportunities. As IT skill shortage intensifies in the marketplace, the demand for IT services will grow.
Real Estate
Owned or Leased
Leased
Rent
$2,500.00 per month
About the Sale
Seller Motivation
The seller is preparing for retirement.
Transition Support
The seller is committed to providing a smooth transition to new ownership. They will work with the buyer to ensure operations and relationships are successfully transferred.
Listing Info
ID
2418057
Listing Views
50

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Business Listed by: Lincoln Taylor Synergy Business Brokers

Listing ID: 2418057 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.