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 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.