Return To Opportunities List

Opportunities

Tech Staffing and Outsourced Software Development

Established 25 years with service throughout the State of Ohio!

CASH FLOW
$556,751

Specifications

  • Price
    $2,145,000

  • Revenue
    $3,972,519

  • Cash Flow
    $556,751

  • Multiplier
    3.85

  • Industry
    Tech: IT/Software/ECommerce

  • Location
    Ohio

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.

Attachments

Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please
Return To Opportunities List

Tell Me More...

Print

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.