SOLD ‘Q2 2022
Small (MSP) Managed Service Provider in CT
Stamford, Fairfield County, Connecticut
Seller Financing Available if the price and deal structure is right
Asking Price: $350,000
Cash Flow: $117,000
Gross Revenue: $317,000
EBITDA: $63,000
FF&E: $50,000
Inventory: N/A
Established: 1992
Employees: 4
Business Description
Long-term clients with some recent additions make this MSP attractive. Software licenses, full office setup and all business tools to be transferred with the company. All clients are expected to remain after sale.
This opportunity is managed by the owner with the help of one full time and one part time employee and two independent contractors. The company maintains an office in Stamford, CT which a new owner could take over with all office amenities, including deposit and all tools associated with the business, to be included in the sale.
The Company has been in business for over three decades and enjoys a solid reputation in the community and with their clients. Revenue by type is fairly diversified, with service revenue and contracts making up the majority of the revenue (60% in 2023), hardware sales accounted for less than 5% of topline revenue in 2023.
Teaser financials are taken from year ending 2023. The company’s full service offering, products, partners, and financials are available.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
The suite is located in an office building shared with many other tenants, including a dental office.
Competition:
The MSP space continues to consolidate with many “service offering” propositions.
Growth & Expansion:
The business has a solid book of business with the team and operational resources to continue growing with a new sales function.
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-Small CT MSP For Sale
