MergerPlace

IT Consulting, Services and Repair

New York (Nassau)


  • Asking Price: $260,000
  • Gross Income: $385,947
  • Cash Flow: $104,909
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $10,000
  • Listing ID: #208899
  • Established: 1999
  • Employees: 2

Business Description

Full service IT service solutions company with 90% Commercial Book of business. This company has been providing quality computer repair service and website design for over 20 years, servicing Small Business Clients in the Queens and Long Island area. This is an outstanding business which generates 70% of their Gross Revenues via Recurring Revenue. 50% of the company's client base are on service contracts.

IT Company specializes in Troubleshooting & Repair (Software & Hardware), Data Backup & Recovery Services, Networking, Application Setup and Support, Regular Computer Maintenance, Mobile Device Management, Remote Access & Diagnostics Services, Virus Protection & Removal and Internet Security Services Security Troubleshooting.

Company Highlights

•90% Commercial Book of Business.

•Recurring Revenue.

•Consistent 60% Profit Margin.

•$100K+ Owner Discretionary Earnings.

•Exceptional Vendor relationships and pricing.

•Initial New Owner Training and Support from seller.

•Professionally designed company website.

•Automated office, billing & client technology system with invoicing.

•Low overhead.

•Pre-qualified for SBA Financing.

•Seller Financing also available for qualified buyers

Seller is willing to stay on as a paid consultant beyond the training period.

This is an excellent opportunity for an IT professional looking to start their own computer serving company or for existing IT company seeking to expand and purchases a profitable book of business.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: New York
County: Nassau

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $260,000
Gross Revenue: $385,947
Cash Flow: $104,909
EBITDA: $54,909
FF&E: $10,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

Business is Relocatable Owner currently rent 700 sq ft of space for his operations.

Reason for selling:

Retirement

Support & Training:

Available

Contact Business Seller

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Business Listed By:

Kyle Griffith

New York Business Brokerage