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Profitable Managed IT Services Provider & Computer Repair For Sale

Iowa
Asking Price:
$975,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,030,591 (USD)
Cash Flow:
$227,820 (USD)

Profitable, growing and well established managed IT service provider. They provide Local/Offsite Data Backup and Disaster Recovery, Microsoft Products and Cloud Partner. They are an IT provider serving businesses ranging 2-200 employees. Company is also a Dell Partner, SonicWALL Partner, Trend Micro Partner and Cisco Meraki Partner. They provide a small retail location open to local consumers for new equipment purchases, diagnostics and computer cleanup. Located in a progressive growing community that is a regional hub to businesses and individuals and is on a major highway with great signage visibility and plenty of parking.

Property Information

Real Estate:

Lease

Premises Details:

Company occupies 6000 sq ft of a 8600 sq ft building. Space includes a beautiful lobby, showroom, conference room, spacious offices and plenty of technician rooms for servicing clients. The building was recently remodeled to give it an upscale urban look that helps attract qualified technicians. Lease for qualified Buyer would be a triple net lease of $3100/month plus 2/3 snow removal. Lease terms flexible depending on Buyer offer and qualifications.

Business Operation

Expansion Potential:

Seller has focused mainly on managed IT services. A new buyer could potentially increase revenues by adding a sales team and adding additional services such as expanded retail presence, cell phone glass repair and other next generation technologies such as 3D printing, drones, home security, etc to potentially grow sales and bottom lines.

Competition / Market:

This business is the largest computer sales, service and networking business in a 60 mile radius. There are currently 14 full time staff. There are a few small one-three employee competitors in the area.

Reasons for selling:

Ask Broker for details.

Trading hours:

Mon-Thurs 8am-6pm; Fri 8-5; Sat 9-12pm

Employees:
14 FT
Years established:
13

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.
Typical management skills and licensing involved in computer service business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$877,500 down / $97,500 for 60 mos. @ 7%

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$60,578 (USD)

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