MergerPlace

Profitable IT Support & Software Company

Florida (Palm Beach)


  • Asking Price: $4,950,000
  • Gross Income: $2,779,953
  • Cash Flow: $935,212
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #212498
  • Established: 2014
  • Employees: 31 FT

Business Description

The main activity which makes up over 95% of the revenue for this company is remote IT services and software sales. Fixing computers using LogMeIn Rescue or TeamViewer is the basic activity. This successful firm helps its clients build their brand and gets them the recognition they deserve. Reputation management to ensure you put your best face forward - those are just the tip of a multitude of services offered. They also offer Social Media Marketing, Search Engine marketing, Content Management and much more! Their Market Analysts will research the client's industry and competition to give them a much needed edge! Great acquisition potential for an existing IT company, an investment firm or a private investor. This qualifies for a VISA!


Business Details

Primary Business Category: Services - Business
Location: Florida
County: Palm Beach

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 31 FT

Financial Information

Asking Price: $4,950,000
Gross Revenue: $2,779,953
Cash Flow: $935,212
FF&E: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

They occupy five suites in a commercial office building equipped with the latest technological advances, this company is well into the 21st century and beyond. Plenty of employee parking as well as break facilities. The company has been at the current location for 4 years. Location is not important as the work is done remotely.

Growth & expansion opportunities:

Target demographic is 55+ with a computer. With different softwares and a recent introduction of phone and tablet support, the demand will be increased for a younger demographic as well.

Competition:

Main competition is Geek Squad and Office Depot. Industry is increasingly dependent on outsourced IT solutions.

Reason for selling:

With changes in the dynamics of his family life - the owner of this successful technology company, who is running this firm absentee - is looking to retire. Great acquisition potential for an existing IT company, an investment firm or a private investor. This qualifies for a VISA!

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Anton Joro

Murphy Business Brokers