773.243.1603
773.243.1603
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Listing ID:3N957

Sold – B2B IT Services – Recurring Revenues

Sold

The company works to take the complexity and stress out of managing technology. Business owners and their key employees have far more productive tasks than getting mired in the difficult process of sorting out which IT vendor is responsible for today’s tech issue, where the hardware manufacturer blames the software and the software company blames the internet provider.

Equipped with knowledge of the entire IT system, this company locates the root cause of the problem and resolves it more efficiently.  The result is a business that is “back in business” in less time and at a lower cost.  In addition, this business continually looks for opportunities to make improvements to improve reliability and lower total cost of ownership so that the business owner’s IT system is progressing toward a more reliable,  efficient and elegant system.

Seller financing available.

Transcation Details

  • Location

    USA, Lake County Chicago, Illinois

  • Results

    131 Inquiries
    23 Showings
    2 Offers

  • ESTABLISHED IN

  • Real estate Included

  • Full-Time Employees

  • Franchise

  • Industry

    Service

  • Reason for Selling

  • Inventory Included

  • Part-Time Employees

  • Business

    Sold – B2B IT Services – Recurring Revenues

  • Acquirer

    Investor

  • Annual Revenue

    $453,120

  • Annual Cash Flow

    $134,888

  • Seller Financing

  • SBA Financing

  • Listing Price

    $365,000

  • Acquisition Highlights

    Approximately 25% of revenues are from managed services and are recurring revenue
    – Loyal clients’ referrals keep the business growing
    – Outbound marketing to attract new clients
    – Add employees to increase client base
    – Market managed services as a unique product line

Domenic Rinaldi, CBI