IT Support Business Serving The Sme Market
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $233906
Net Profit / Cash Flow $64477
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The vendor is more than happy to proved a comprehensive handover to ensure continuity of trading and would consider staying on within the business as a consultant for a period of time should a new owner so require, subject to negotiation
Reason for Sale The vendor has been in the IT industry all this life and is planning his exit strategy to pursue other non related business interests.
Description IT Support Business serving the SME market. Microsoft Small Business Specialist/Partner/Reseller.
Ref.IU167
Location Midlands
Asking Price œ 185,000
Originally set up some 10 years ago this business provides comprehensive IT support services to a broad range of SME businesses throughout the Midlands that includes on site work, ongoing telephone support and remote management. The business has carved out an impressive reputation during this time based on a friendly yet professional approach backed up with superior knowledge and prestigious supply partners.
The company provides a range of support services to clients, mainly on an ongoing contract basis. It has a large number of regular clients with whom it has maintenance contracts in place varying from 3 month deals up to 3 years in duration. The business also undertakes project work for clients on and ad-hoc basis and the type of services it regularly provides include:
- IT Support (remote, telephone and on site)
- Disaster Recovery & Hosting
- Network Security
- Network Installations
- Small Business Server
- Remote working provisions
The business benefits from having existing contracts in place with some twenty clients which ensures ongoing revenues to a new owner (circa œ80,000 p.a.) as well as a low cost business model.
The business is an approved Microsoft Small Business Specialist and Partner/Reseller and also has partnerships with other leading suppliers including Sophos and C2000.
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