Established and profitable Managed Service Provider (MSP) with substantial recurring revenue, long-standing customers, good margins, multiyear contracts, high client retention rate, and significant opportunities to scale business. Capabilities include hosting and multi-cloud management, managed full-service information security, application and website development, IT advisory and project management, identity and access management, compliance and governance, IT management, and support for scaling future growth. Experienced senior management team, highly regarded and acknowledged by clients, and leading advocate for diversity in the industry. Certified small business with government contracts, bid expertise, and partners for major prime contractors.
- Asking Price:
- $3,950,000
- Sales Revenue:
- $4,278,909
- Cash Flow:
- $1,024,788
Property Information
- Location:
-
Facilities: Virtual company since pandemic.
Business Operation
- Expansion Potential:
-
Acquisition opportunity for small businesses in the MSP industry. Especially a minority-owned IT company, woman majority ownership, veteran-owned, disabled, or disadvantaged certificated company could benefit from the government contracts and connections, and the prime contractor partnerships for federal, state, and local government projects. The company's staff, structure, and service offerings are scalable for obtaining new government, nonprofit, and commercial customers and contracts.
- Competition / Market:
-
Numerous competitors but few have attained the industry reputation, recognition, and rewards of this company which has established strong relationships with state government agencies, prime contractors, nonprofits, and commercial clients.
- Reasons for selling:
-
Other business interest
- Trading hours:
-
8am-5pm
- Employees:
- 21
- Years established:
- 2003
Other Information
- Support & training:
-
# of Weeks Seller Will Offer Training: 4
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount: $395,000.00
- Furniture / Fixtures value:
- $20,000
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
