S488 - IT Managed Services Company

IT Managed Services Company - S488

Location

City Central Texas
State Texas
County Central Texas

Financial Information

Asking Price $2,800,000 Show Loan Calculator
Down Payment Negotiable but expect about $600K
Annual Receipts $2,031,000
Cash Flow $912,000

General Information

Description Located in South Central Texas, this established IT managed services company with extremely high cash flow (45% of revenue) is available for acquisition. Managed Service Contracts with high renewal rates are the core of the business along with additional revenue streams. Streamlined and continually updated business process systems for improving support are in place as are highly trained employees. Business comes with written technical processes and business policies. No material customer concentration. Landlord is willing to negotiate a long-term lease at $7,400 per month or Buyer can relocate the business. Owner is selling to for semi-retirement and to focus on other business interests.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable Yes
Year Established 1990s
Year Acquired 1990s
Employees 9

Building Information

Building Sq. Footage 6,800
Monthly Rent $7,400
Real Estate Available No

Contact Business Brokers of San Antonio for more information.