Established Managed Service Provider & IT Service Company
This 12 year old IT and Managed Service Provider (MSP) Company has grown exponentially since inception and is now available for a new owner or competitor to take it to the next level!
This business has seen Year-Over-Year growth of Revenue and in 2019 the business generated $940,674 in annual sales revenue and produced $161,065 recasted Seller Discretionary Earnings for its Owner.
The business competes based on providing a very high level of B2b service and has the following offerings: IT Managed Services, IT Projects (New Server Implementation and Server Migrations), Hosted IT Services, IP Cameras/Security Systems, VOIP Phone Systems and many others. There is limited customer concentration issues, with no business accounting for more than 15% of the revenue. Opportunity for expansion to begin servicing government organizations and new service offerings. Significant barriers to entry exist for undercapitalized competitors.
Among the value-adds for the business, this opportunity offers the following:
- High rate of conversion of Project customers to IT Managed Services clients
- Centrally located in the Los Angeles County to service a variety of neighboring counties
- Well-trained employees and technicians, who provide a high level of service and are well regarded in industry circles.
- Recurring revenue 65%
- The business currently has 1 FT working owner, 5 FT Technicians, 1 PT Developer and 1 FT office staff
For more information, please contact Greg Michail at (415) 438-0202 or at [email protected]
Other business opportunities
FT: 6, PT: 1
FF&E: $150,000 included
Rent and lease terms:
Current lease $3,483 per month; CAM $894.48 A new 3-year lease will be negotiated at market rate.
San Gabriel Valley
Price and terms
4 weeks @ 30 hrs per week