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- RE: Well Positioned Managed Service Provider
- Contact: Russell Fergusson
Quick Facts
Asking Price: | $3,950,000 | |
Annual Revenue: | $4,278,909 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,024,788 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 21 | |
BBN Listing #: | 945655 | |
Broker Reference #: | 9525-879667 |
Business Overview:
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 partner for major prime contractors.
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Property Features and Assets:
Facilities: Virtual company since pandemic.
Market Competition and Expansion:
Competition:
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.
Expansion:
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.
Reason for Selling:
Other Business InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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