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Businesses For Sale

Managed IT Solution Provider in Texas For Sale

Listing Agent:


Marcia Bowron

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Email Agent

Available

Listing: # 8239

Price: $ 100,000

Location: Texas

Listing Profile

Classification:

Service Business

Purchase Price: $100,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $100,000
Down Payment Required: $100,000
Gross Revenue: $388,120
Discretionary Earnings: $44,094
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2019
Monthly Rent: $1,000
Reason for Sale: Owner has other business and lives out of state.
Employees(Full): 3
Employees(P/T): 1

Reason for Sale:
Owner has other business and lives out of state.


Description:
This family-owned managed IT Solution Provider delivers Managed IT Services, Cloud Services and On-Call IT Support to small businesses and local government facilities in the nearby Bryan/College Station area. This business is an offshoot of another company that was started in 1999 as a PC repair company which then added business services over the following years. The owner broke off this managed services division in 4/2019 to focus on providing high quality business services. They have over 10,000 customers in their database with over 300 being active over the last 2 years. With no client over 10% of their business, 14 are under recurring monthly contracts which bring in around $12K/mo automatically and with additional services billed these 14 accounts bring in about 53% of revenues. There is also recurring monthly billing for several other clients for email, MS Office subscriptions and annual subscriptions for cloud backup. Having established a niche in this market for providing IT solutions to both individuals and businesses, there is still huge growth potential where many businesses are looking to outsource their IT solution. Their fixed price structure allows these organizations to pay a fixed price/month for a technician to service them on a weekly/monthly basis and enables them to plan for their yearly IT budget. They offer 5 contract tiers for managed services and pricing depends on the number of devices covered. Their service packages are more inclusive than their competition which can help clients budget more accurately. They are partnered with Microsoft, Cisco, Sophos, Dell, Lenovo and others. Business can remain here or can be run out of home office or remotely by satellite office. 1 local employee will stay. Other employees are family members (1 local and rest remote) and will stay for transition period.

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