MergerPlace

Managed IT Services Franchise

South Dakota (Minnehaha)


  • Asking Price: $69,000
  • Gross Income: $124,460
  • Cash Flow: $62,018
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #219032
  • Established: 2004
  • Employees:

Business Description

The Company provides outsourced managed IT services targeted to small and medium-sized businesses, using a team of certified technicians. The company solves IT problems for clients. And, more importantly, by acting as advisors and putting the right systems in place, the company helps customers become more efficient and ensure that their business data remains secure and accessible from anywhere. Other services include: Cybersecurity, Cloud Services, Data Backup, VOIP systems support and service, and comprehensive website management.


Business Details

Primary Business Category: Services - Other Services
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 2004
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $69,000
Gross Revenue: $124,460
Cash Flow: $62,018
Seller Financing Available: No

Property Information

Facilities:

This business is currently home-based.

Growth & expansion opportunities:

The average contract produces over $2,000/month. Technicians can be employees or contractors which allows flexibility to scale the company as it grows instead of being bogged down with an unmanageable payroll. As more and more small business utilize infrastructure that is beyond the scope of a typical technology user the need for managed IT solutions grows. There is also potential in other aspects of the business model that are not currently being capitalized upon.

Competition:

There are other players in this market, but the back-end support provided by the franchise model allows the owner the peace of mind to manage and grow the business. Managed IT services offer greater margins compared to typical repair work that most independent IT businesses rely upon.

Reason for selling:

Owners would like to focus on their other endeavors.

Support & Training:

Will train for 2 weeks @ no cost Managed IT makes up about half of overall revenue. This is a predictable, recurring income stream. Other services include: Cybersecurity, Cloud Services, Data Backup, VOIP systems support and service, and comprehensive website management.

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Business Listed By:

Josh Wolters

Murphy Business Brokers