Saturday, 1 August 2015

IU167-IT Support Business serving the SME market Microsoft Small Business Specialist/Partner/Reseller

IT Support Business serving the SME market
Microsoft Small Business Specialist/Partner/Reseller

 Ref.IU167
Location Midlands
Asking Price £ 185,000

 Turnover circa £185,000 p.a.
Gross Profit circa £108,000 p.a.
Adjusted EBITDA (pre director drawimngs)circa £51,000 p.a.
Ongoing Maintenance Contracts circa £80,000 p.a.
Premium supply partners
Multiple revenue streams
Impressive customer base
Low overheads
Huge growth potential
Training and handover
Website
Goodwill

Business profile:
Originally set up some 10 years ago this business provides comprehensive IT support services to a broad range of SME businesses throughout the Midlands that includes on site work, ongoing telephone support and remote management. The business has carved out an impressive reputation during this time based on a friendly yet professional approach backed up with superior knowledge and prestigious supply partners.

The company provides a range of support services to clients, mainly on an ongoing contract basis. It has a large number of regular clients with whom it has maintenance contracts in place varying from 3 month deals up to 3 years in duration. The business also undertakes project work for clients on and ad-hoc basis and the type of services it regularly provides include:

• IT Support (remote, telephone and on site)
• Disaster Recovery & Hosting
• Network Security
• Network Installations
• Small Business Server
• Remote working provisions

The business benefits from having existing contracts in place with some twenty clients which ensures ongoing revenues to a new owner (circa £80,000 p.a.) as well as a low cost business model.