MergerPlace

Profitable Managed IT Services

Iowa


  • Asking Price: $975,000
  • Gross Income: $227,820
  • Cash Flow: $227,820
  • Real Estate: Not Disclosed
  • Inventory: $62,576
  • FF&E: $150,000
  • Listing ID: #210035
  • Established: 2005
  • Employees: 14 FT

Business Description

Profitable, growing and well established managed IT service provider. They provide Local/Offsite Data Backup and Disaster Recovery, Microsoft Products and Cloud Partner. They are an IT provider serving businesses ranging 2-200 employees. Company is also a Dell Partner, SonicWALL Partner, Trend Micro Partner and Cisco Meraki Partner. They provide a small retail location open to local consumers for new equipment purchases, diagnostics and computer cleanup. Located in a progressive growing community that is a regional hub to businesses and individuals and is on a major highway with great signage visibility and plenty of parking.


Business Details

Primary Business Category: Retail Trade - Electronics & Appliance
Location: Iowa

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14 FT

Financial Information

Asking Price: $975,000
Gross Revenue: $227,820
Cash Flow: $227,820
FF&E: $150,000
Inventory: $62,576
Seller Financing Available: Yes

Property Information

Facilities:

Company occupies 6000 sq ft of a 8600 sq ft building. Space includes a beautiful lobby, showroom, conference room, spacious offices and plenty of technician rooms for servicing clients. The building was recently remodeled to give it an upscale urban look that helps attract qualified technicians. Lease for qualified Buyer would be a triple net lease of $3100/month plus 2/3 snow removal. Lease terms flexible depending on Buyer offer and qualifications.

Growth & expansion opportunities:

Seller has focused mainly on managed IT services. A new buyer could potentially increase revenues by adding a sales team and adding additional services such as expanded retail presence, cell phone glass repair and other next generation technologies such as 3D printing, drones, home security, etc to potentially grow sales and bottom lines.

Competition:

This business is the largest computer sales, service and networking business in a 60 mile radius. There are currently 14 full time staff. There are a few small one-three employee competitors in the area.

Reason for selling:

Ask Broker for details.

Support & Training:

Will train for 2 weeks @ $0 cost. Typical management skills and licensing involved in computer service business.

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:

Dan Tryon

Murphy Business Brokers