Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

IT Services Prime Contractor Serving CA State Departments For Sale

California, US
Asking Price:
$12,000,000
Sales Revenue:
$10,048,237
Cash Flow:
$1,900,000

This IT services firm has been serving state and local public entities in California through a number of contract vehicles for over 10 years.

Services provided include Cyber Security, Cloud Solutions, Project Management, IT Staffing and Software Development. With four contract vehicles including TDDC MSA for IT at Tier 3 with a $5M project limit, they are able to win and manage large multi-year projects. They also have many software reseller agreements and can provide a complete client solution through the CA SLP program.

They maintain a relatively small W2 employee staff of management, technical and administrative professionals and utilize a broader staff of contractors which enables them to best serve their client’s needs and remain flexible to market dynamics.

Property Information

Premises Details:

They sublease 1,000 square feet of space. About half of the employee staff regularly work at this location. The remaining staff typically work remotely.

Business Operation

Expansion Potential:

There are tremendous growth opportunities to expand within the state. This company is serving a relatively small numbers of state and local entities and their contract vehicles provide opportunity to expand these greatly.

Competition / Market:

The company has deep relationships with state and local entities and their contract vehicles ensure continued new opportunities.

Reasons for selling:

Retirement Planning

Years established:
2013

Other Information

Support & training:

The sellers are committed to a successful transition of contracts, relationships, employees and partners.