SOLD ‘Q4 2023
Kansas MSP with Strong Recurring Revenue
Overland Park, Johnson County
Seller Financing Available if the price and deal structure is right
Asking Price: $728,000
Cash Flow: $242,000
Gross Revenue: $1,065,000
EBITDA: $120,000
FF&E: $50,000
Inventory: N/A
Established: 2008
Employees: 4
Business Description
An excellent Managed Service Provider located in Overland Park. Strong contractually recurring revenue (approx. $750,000 projected for 2023). Additionally 98% of revenue is derived from commercial clients and the Company has standardized systems for managing client relationships and service.
The employee team includes three IT Support Technicians and a Service Coordinator, two of whom have been with the Company since before the current seller acquired the company in 2008. The IT specialists have varying levels of expertise from high level architecture and network security to hardware installation and troubleshooting.
The Company has recently optimized their service offerings to best serve client needs while aligning with company profitability. While the company maintains a well-situated storefront with signage prominently displaying services, an operator interested in shifting to a work-from-home environment could further reduce fixed expenses. Other revenue opportunities exist in positioning service offerings to niche industries the company already services.
By purchasing this business, you gain access to a well-established brand, a loyal customer base, and a proven track record of success. With a solid foundation already in place, you can hit the ground running and capitalize on the existing growth potential. With your vision and strategic direction, you can unlock even greater value and take it to new heights. Whether expanding into new markets, add-on services for current clients, introducing innovative products or services, or implementing cutting-edge technologies, the possibilities are limitless.
The Sellers desire a smooth transition of ownership, ensuring that the business continues to operate successfully under new management. Confidentiality is very important to the seller. Seller has a desire to complete the sale within a reasonable timeframe. Seller expects an efficient and transparent process, where all necessary due diligence and documentation are completed promptly to finalize the transaction. Seller hopes to minimize disruption to the business, employees, and customers during the transition. Seller cares deeply about the long-term relationships formed with customers and is motivated to help buyer make the transition successful by helping post sale.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
Solid location with signage, approximately 2,048 sq ft with long tenue, lease extensions can be made before the end of 2023.
Competition:
Local and national firms compete for the same clients with various offering types.
Growth & Expansion:
This company is well positioned to niche into target industries due to IT
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:
Retirement
SOLD-Kansas MSP For Sale
