This is a very successful Computer Networking Services Business specializing in Managed Services IT Support and is located in the Twin Cities Metro Area. This business has been in existence for 9 years and has a very stable client and base and is growing rapidly. The business serves as the Outsourced IT Department for its clients and supports all of its clients IT needs including purchasing, design, install, help desk, backup and disaster recovery. This business is run extremely efficient with minimal staff and a high level of technology in place to automate the services provided. The Clients are very loyal and satisfied. 70% of revenue is derived from monthly fee service agreements and 30% of revenue is from hardware/software sales and installation. This company has grown over 100% over the last 3 years and has much more room to grow! The owner’s primary daily duties include operations management, client relationship management and sales.
Computer Networking Services Business-SOLD by agent Jim Evavold - SOLD
The asking price is $2,750,000 which includes $90,000 of equipment (Software Licenses, Servers, PC’s, etc)
Reason For Sale:
The owner has been in the IT industry for many years and would like a change.
Cash flow to the owner will be approximately $800,000.
The business is a virtual organization the employs a great deal of technology to operate and serve its clients remotely. Over 90% of all service is provided remotely.
The business operates with 1 full time employee and 2 full-time-contractors plus the owner.