Full Service IT Solutions Company

Price: $14,000,000

Annual Revenue: $16,500,000

Net Cash Flow: $2,100,000

Industry: Technology

Location: TN

This company is a full service national provider of IT and communication solutions for businesses, institutions, and government agencies for over 20 years.

Four years of increasing revenues and EBITDA.

2015 Revenue – $12,172,969
2015 SDE – $1,479,870

2016 Revenue – $13,884,945
2016 SDE – $1,672,128

2017 Revenue – $13,309,564
2017 SDE – $1,711,193

Projected revenues of $16,500,000 for 2018.

No customer concentration risk and revenue increases every year. The company has more than 1300 clients, most of which are on 5 year contracts.

They provide:

Professional Service
IT staffing, Website Design, Server/Desktop Virtualization, Workstation/Desktop/Server Configuration, Systems Design/Implementation, Print Management (Xerox Pagepack), and Office Automation (Medical/EMR, Dental, and small business)

Network Service
Network Systems Design, Voice/Data Cabling, WAN/LAN/VPN design, Wireless Network Design, and Voice/IP Phones

Break-fix services
All PC Brands – Dell, HP, IBM, Lenovo, Apple. Printers – HP, IBM, Epson, Lexmark, Dell, Xerox. Onsite-Service Contracts.

Inventory: Included in asking price

Competition: To maintain their competitive edge, they provide the highest quality products and services while maintaining moderate pricing for the clients. By focusing on professional services during the lifespan of the partnership, they maintain win-win relationships with their customers and vendors worldwide

Growth & Expansion: A strategic purchase would give the buyer 1300+ clients, most on five-year contracts to sell other products and services to. – Expand the graphical location and marked penetration -utilize the headquarters as a hub for expansion along the East Coast. – Aggressively acquire modern technologies or companies with modern technologies to expand the vertical market and offer more services to current customers. – License processes and expand market share.

Support & Training: Seller will provide training and transition.

Reason for Selling: Retirement