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IT Services Business with Long Term Engagements

Price: $2,100,000

Annual Revenue: $6,084,590

Net Cash Flow: $550,000

Industry: Technology

Location: St. Louis, Missouri

Established for 20 years, this IT staffing company has earned a reputation for providing talented IT professionals who create and support mission-critical applications for many businesses throughout Saint Louis. Their typical engagement is 18-24 months long which provides a nice predictable revenue stream. They currently have 30 people on billing and have active relationships with over 100 local clients. This business has not made a cold call in over 10 years, which is a reflection of how their clients value their services. Includes a small but long-tenured and experienced internal staff.

Listing Details

Reason For Sale:

The seller would like to gain more personal time.

Training & Support:

The seller is willing to enter into an employment agreement, with the buyer to ensure all customer relationships continue seamlessly.

Operation

Employees: 4

Summary

Competition:

They are very well known throughout St. Louis and do not need to market to maintain their current growth rate.

Potential Growth:

They have opportunities outside of St. Louis that they do not pursue.

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