Asking Price: Not Disclosed Gross Revenue: $8,279,797Cash Flow: Not DisclosedEBITDA: $485,858Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This nationwide staff augmentation company has been in business for 16 years. They provide IT related services to state, city and county government agencies and private sector enterprises across the United States. The company is currently headquartered in the Midwest, but could be relocated if the new owner so desired. They have shown steady growth with limited marketing and a focus on the government sector only.
• Exceptional customer service
• Untapped growth potential and expansion opportunities
• Consistent growth with limited marketing for services
• Ability to provide multiple services
• Highly qualified support staff in place
• Many client relationships are long standing
Financials are as of 12/31/17.
About the Business
The competition varies depending on location, staffing needs, and number of prime vendors approved.
Growth & Expansion:
Although the Company’s growth has been steady, the owner believes that with additional marketing efforts and the skilled IT employees in various technologies that they have access to, increased growth is achievable.
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 & Conditions.