Providing high quality consultants in the space of IT, software development and data management. This established firm based in Ohio was founded over 20 years ago. Their scope of services includes staff augmentation, consulting, and project management and contract labor placement. The firm caters to clients in the private sector, particularly in banking, transportation, and medical industries. There are 33 on staff, which includes 12 on-shore consultants and 21 off-shore consultants. The team is well-equipped to handle the day-today operations of the business, ensuring smooth service delivery to clients. In terms of ownership responsibilities, the current owner enjoys a passive role. Providing light oversight and approving payroll, he only dedicates approximately one hour per week to the business. This arrangement allows for flexibility and autonomy within the organization. To sweeten the deal the seller has offered to carry 15% - 20% of the purchase price in addition to a 1-year transition period to show his vested interest in the continued success of the business moving forward. Priced at $2,145,000, with its established reputation and track record, this business is well-positioned for an acquisition. This business operates as a fully remote organization with no physical office space. This approach significantly reduces overhead costs, allowing the company to allocate resources more efficiently. By eliminating the need for a physical office, they can focus on delivering high-quality services to its clients while maintaining a lean and agile structure. Looking at future growth opportunities, this business could benefit from hiring a business development or marketing person to expand its client list as there is no growth strategy currently being performed.
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