Description
OFF-MARKET’Q3
Remote IT Services Firm, 200 Clients, Colorado Based
Asking Price: $250,000
Gross Revenue: $83,521
Cash Flow: $54,137
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 2014
Employees: 1
Business Description
We are representing a highly rated IT Services Company based in Colorado. It generates recurring revenue by providing remote and on-site IT services both locally and nationwide.
#’s posted above are for 2020 full year, but the business has rebounded this year and is tracking stronger!
The company has the ability to scale and increase revenue by adding managed services and more outreach to existing clients. Remote IT support services are conducted using remote desktop solutions and billing $150 per hour during regular business hours, and $225/hr on nights and weekends.
The on-site services include purchasing and making up equipment to install at customer sites. Boasting a book of at least 200 customers over the past few years, many customers remain as ongoing customers after the first job, so revenue from repeat business is frequent and ongoing.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Home Based – portable nationwide.
Competition:
Plenty, outlined in CIM.
Growth & Expansion:
Plenty, outlined in CIM.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the
Business.
Reason for Selling:
Other business interests.