Profitable Value Added Technology Reseller

Asking Price$1,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,161,627

Inventory$150,000
Included in asking price
FF&E$15,000
Included in asking price
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Profitable Value Added Technology Reseller


Asking Price$1,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,161,627

Inventory$150,000
Included in asking price
FF&E$15,000
Included in asking price
Business Description
A value added IT Hardware/Software reseller with roots preceding the modern PC era. With nearly 70 years in the industry, the company has evolved to focus on larger customers with IT staffs requiring solutions on demand. These IT staffs are self maintaining with access to the company's real time availability of US channel inventory. With the explosion of new technologies, solutions, highly technical products, training needs and certifications, the company moved to a transactional business model. The company leverages top tier IT partnerships to offer Best of Breed solutions.
About the Business
Years in Operation
69
Employees
2
Facilities & Assets
Founded in 1957, the company started by selling electromechanical computer plug in panels and wires for systems like the IBM 407. They provided Uninterruptable Power Systems and Raised Computer Floors. The consumable business grew selling large format printer ribbons, stock tab (computer paper) disk packs and other magnetic media.
The company grew as the PC became attainable for corporations. A professional services team set up ethernet networks. With the new server and desktop platforms, a multitude of peripheral and consumable supply products evolved. The company could offer complete solutions including the deployment and care of Information Technology.
The current owner joined the company as a salesperson in 2001 and championed the need for a corporate website which became fully functional in 2003. In 2003, the current owner also established del.
Market Outlook / Competition
Established IT Hardware/Software resellers. Established from the standpoint of having the tier one IT partnerships for credibility. These are a requirement for selling into larger companies. This company focuses on one segment of the IT space. Competitors may lose that focus as many are geared to sell a wider variety of products including consulting services, managed services, project management, and software implementation/support. With the ability to get similar pricing from competitors, product knowledge, availability, and reliability are keys to ongoing, long-term success.
Opportunities for Growth
Increase the existing sales force to expand customer base and take market share from competition.
Add IT consulting services.
Add IT managed services.
Add IT Project management.
Add software implementation and ongoing support for selected software products.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
950
Rent
$920.00 per month
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
Retirement
Transition Support
Training Support Incl
Listing Info
ID
2505389
Listing Views
11

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Business Listed by: Jack DiMatteo Transworld Business Advisors of Cleveland West

Listing ID: 2505389 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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