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Active

Surging IT Services Business


A growing business with a current portfolio of 51 managed services under agreement. The business manages environments for their clients, procure hardware and business systems. Act / work as CTO CSO and IT director / manager. Manage all devices, servers, workstations, network devices and more. Provide advanced and active threat protection as well as remediation and recover, though none of their clients have ever needed it. Business manages day to day via service tickets, phone support and system managed alerts all into their managed console. Also utilize some of the best and advanced agents with great partnerships to accomplish this. Always learning and teaching. They also build, design, and implement new environments and networks. VoIP phone services with single point deployment and other partnerships with large VoIP providers. This business prides itself on it's ability to leverage many industry partnerships at various levels. These include Microsoft (a few different partnerships with them), Dell, Lenovo, Lexmark, Cannon, PNY, Samsung, Untangle, and others. And 24 / 7 monitoring with on call support ID 2020!

Category :  Business Services SIC :  7363  
Detail :  Management Services Price :  1,200,000  
County :  Lee Down :  1,200,000  
State/Prov :  Florida Disc Earn :  316,332  
Country :  USA Sales :  841,786  

Reason for Sale :  RETIRE
General Location :  SWFL
Organization Type :  'LLC'     Hours Owner Works: 40
  : Years Established: 9  Years Owned:  9  Emp FT:  2  Emp PT:  0  Mgrs:  1
Non Compete :  Miles:  250  Years:  5  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  M-F : 8am-5pm
Skills/Licenses :  None
Business :  Is Relocatable: Y    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: N

Data Source Proforma Tax Return Tax Return  
Year (Cash Flow) 2022 (N) 2021 (N) 2019 (N)  
Gross Revenue 841,786 430,623 340,495  
Cost of Goods 333,905 176,300 110,378  
Gross Profit 507,881 254,323 230,117  
Expenses 346,502 264,083 190,434  
Net 161,379 -9,760 39,683  
Owner Salary 90,000 85,889 64,390  
Benefits 64,735 71,132 47,471  
Interest Expense 218 2,127 921  
Depreciation 0 13,067 6,014  
Other 0 0 0  
Discretionary Earnings 316,332 162,455 158,479  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 1,000 Y* ___________ 0 N*
F F & E 10,000 Y* Total Assets 11,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 1200 Square Footage: 654 Building Type: Executive Suites
Terms & Options: Expiration Date: 4/30/2025

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Seller - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Other - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  

JASON BROOKS Office :  (239) 849-9334  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 357-7073  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com

 



Listed By: Jason Brooks

Background information

Reference:

50503

Reason selling:

RETIRE

Finance

Sales:

$841,786

Profits:

$246,491

Profit type:

Discretionary Earnings

Opportunities

Growth:

SEO updating, Google Ads - Sellers have wasted good money on advertising agencies not being able to perform. An in house SEO/SEM guru would be a large benefit to the business and a major opportunity for a new buyer.

Market:

With the projected growth of SWFL, this provides the opportunity for more MSP's to acquire more clientele. Other providers are expanding into this market currently due to this growth. The business has relied heavily on their grass roots approach to marketing as well as their community involvement with local organizations and networking.

Price and terms

Price:

$1,200,000

Training:

The seller is VERY willing to offer an extended transition period. 30 days free transition with the option to stay for a total of 6 months.