IT / Telecoms businesses for sale

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MULTI-DISCIPLINARY IT SERVICE PROVIDER

  • Leasehold Price: Offers Invited
  • Annual Turnover: £946,000
Seller Reference: 148066
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Business Description
Seller Reference: 148066
Request Details
Business Description
BASED IN MID WALES
FY19 turnover of circa £946k, with an EBITDA of £158k.
Projected turnover for FY20 of £1.31m, with an EBITDA of £221k.
Shareholder funds increasing annually.
Provides fully managed technical support, installation services, IT design and planning.
Serves commercial and corporate clients across a diverse range of sectors, including: manufacturing, professional services and hospitality.
Annual contracted income accounts for circa 30% of turnover.
120 active clients with a 90% retention rate.
Highly experienced, strong second-tier management team in place.
Operates from leasehold premises.
The shareholders are offering the business for sale to pursue other, unrelated interests.
Growth possible through further development of service offering and marketing campaigns being implemented.
Offers invited.
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