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IT Support Business - Software, Networks, Hosting
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $150000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Inventory 50000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable.
Reason for Sale Owner retiring to go boating.
Description Extremely profitable IT support company for sale. Long term established, loyal customers making it suitable for takeover by another IT based company looking to get a foothold in Brisbane or to increase their customer base with little to no effort.
[General]
Current annual turnover is $au500k with owner/director benefits $au100+k per year.
Preferred scenario is WIWO.
Hand-over time is negotiable. Owner willing to give support and help after hand-over period.
[Position]
Gross Sales $500,000
Annual Maintenance Contracts $200,000
Sales from Support $250,000
Sales from Hardware $ 50,000
Gross Profit $400,000
Operating Profit (EBITDA) $150,000
Assets (After Depreciation) $ 50,000
Bank (Month End Average) $ 30,000
Proprietors Drawings $100,000
[Location]
The company offices are in central city Brisbane Australia.
[Products]
(a) Main business product is service in the following activities:
- Network Systems and Support
- Application Software and Support
- Network Security Support
- Application Hosting Services
(b) Software Package:
Wholly owned, fully functional ERP software is part of the company's IP. The software is currently installed and running in multiple sites within australia. Further sites are currently under tender.
(c) Hosting:
The company has the capacity for hosting of business application software and email in the form of a small in-house data/hosting center.
[Assets]
As well as the above software package the company has servers, furniture, equipment, tools, software library and some stock inclusive of parts and new equipment to perform all daily work functions, including the in-house hosting center.
[Staffing]
A small staff of 3 are located at offices in Brisbane, Australia.
Contractors are utilised throughout the rest of Australia.
Emal or phone: +61 412 754 052.
Click Here To Contact Seller
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