Full IT Services Provider to 300+ Commercial Clients

Saint Cloud, MN

Seller Financing Available

Full spectrum, boutique-level services.
Asking Price:$970,000
Gross Revenue:$698,300
Rent:$1,000/Month
Established Year:1998
Cash Flow:$337,300
Inventory:$6,000
FF&E:$11,500
BUSINESS DESCRIPTION

Business Summary:
- Company provides full-spectrum technology services to 300+ commercial clients
- Strong seller discretionary earnings from consistent revenues
- Company services a fast growth space in an expanding marketplace
- Company has earned a powerful reputation for its: proactive approach to configuring IT infrastructure, professionalism, expertise, problem-solving, timely delivery, and client communication.

Target buyer:
- an area technology services or related company seeking to secure a blue-ribbon client list in Central Minnesota;
- a regional technology services company seeking to secure a solid foothold in Central Minnesota by positioning one or two employees into this company;;
- a determined entrepreneur seeking to grow a strong and established company with the assistance of a seasoned industry professional (likely, an executive or mid-level manager in a similar company).


DETAILED INFORMATION
Location
Saint Cloud, MN
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased facility includes small office, operations center. Configuring clients' equipment/network before onsite installations and the ongoing remote management of clients' networks occurs in the operations center.
Competition
Company has identified clients seeking nimble, "boutique-level", personalized IT services. Larger competitors have difficulty in successfully offering this level of service.
Growth & Expansion
Technology arena is constantly evolving; add additional outside technicians; add additional services for current client base
Financing
Up to 5% seller-financing may be available for qualified buyer.
Support & Training
Seller will assist in the buyer’s successful transition; open to offering services for a negotiable period.
Reason for Selling
Retirement. Simplify life.
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Chris Reicher
C.G. Reicher Associates, Ltd.
Chris Reicher