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Listing ID: 3-1982

Franchised Managed IT Services Company, $6.6MM in Revenue, $1.25MM in EBITDA

Business Description:

Established a decade ago, this Company is a territorial franchise that offers a wide array of IT and Managed IT services to its education sector, manufacturing, distribution, life sciences, healthcare and non-profit clientele. The Company is headquartered in Eastern US and has a diverse and loyal customer base. There’s a creative and experienced team in place and a technically competent workforce. The day-to-day operations are run by the COO, CFO, Director of Technology and Director of Sales. The ownership is spending a minimal amount of time in the business, in a visionary role. There are significant organic and inorganic growth opportunities available. The Company continues to be a strong generator of cash flow. The ownership is ready to sell the business and retire. A new ownership that proactively pursues revenue growth should be able to materially increase the financial results of the company Financial qualifications for interested parties include: $1.25 million of proven, readily available cash. A prospective buyer will have to execute and return an NDA and Acquirer Profile. Qualified submissions will be provided a detailed report and other information on this high-growth opportunity.

Industry:Technology
Location:Undisclosed
Annual Revenue: $6,610,672
Annual EBITDA: $1,253,434
Annual SDE (Cash Flow): $1,353,434
Listing Agent: Brent Engelbrekt 
Is this a franchise:Yes 
Employees(Full-Time):30 
Reason for selling:Retirement 

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