IT support business with specialist skills in niche market

  • Price: £0 (Leasehold)
  • Leasehold Price: £0 (Leasehold)
  • Annual Turnover: £1,200,000
Seller Ref:1526hPD
For Sale

IT support business with specialist skills in niche market

Seller Ref:1526hPD
  • Price: £0 (Leasehold)
  • Leasehold Price: £0 (Leasehold)
  • Annual Turnover: £1,200,000

Overview

Seller Ref: 1526hPD

Description

Our clients are independent information technology and communication experts.
The business offers a full range of traditional IT support services. It also has specialist skills to manage diverse information technology systems together within a specialist and challenging environment. This runs alongside a consultancy service providing ongoing solutions to a diverse set of clients.

Significant recurring revenue is generated from across the business.

Services:
The traditional support services include
 - LANs
 - WANs
 - Voice
 - Wireless
 - Cloud
 - Disaster recovery

Specifics of the niche sector and services will only be shared after a serious interest in the business has been established. 

Team:

A team of 6 including 2 Directors, the Directors looking to transition from the business over time.

Our clients understand that due to the structure of their business there will be an element of earn out within this sale.  This will be from well funded and experienced trade buyers, not investors relying on leverage.

Opportunity:
There are high levels of customer concentration and therefore we view the business would only suit a trade buyer, one capable of absorbing the current customer base and capable of ensuring a suitable exit.

Investors without any IT sector interest should not apply.

  • Full range of IT support services
  • Very niche client sector
  • Significant recurring revenue
  • Sales in excess of £1million
  • Trade buyers or investors with sector specific experience only
Is stock included:
NA

Listed By:

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