Technology Managed Services with 85% Repeat Client Base
Seller Willing to Carry 25% as a Show of Good Faith!
The current owner of this technology management service has so much faith in the continued success of the business after purchase that he has offered to carry 25%! They offer technology managed services including server architecture and design, Microsoft office 360, system backups, VOIP solutions, network design, dedicated environments, platform hosting, shared servers, and 24/7 monitoring/ crisis control services. Additionally, they offer IT based staffing services which is an add on service for current clients. They are able to offer these diversified services thanks to their skilled staff consisting of 9 W2 employees including 2 Sales Associates, 2.5 IT Engineers, and 2 office administrators. An excellent reputation and their ability to cross advertise to their varying clientele has led them to a client base made up of 85% repeat customers annually! The current owner handles general oversite and offers assistance to the team. The skilled staff would easily be able to absorb the owner’s responsibilities. This IT business has seen consistent growth and is on a path towards exponential growth. In fact, 2022 is expected to have a revenue of over $11M based on the first five months of the year!
Established in 2011, this business is located in Omaha, NE. Their current service area is primarily throughout Eastern NE, but they have the potential for worldwide clients. New ownership has countless possibilities for further growth, or the chance to relax and enjoy the current organic growth path the team is on as 2022 is set to be their best year yet with an annualized cash flow of $2.2M!
Priced at $8,925,000 this business with an excellent reputation for never losing a client is poised to deliver a stable and continually growing opportunity to the lucky new owners. The current owner believes in his business so much so that he is willing to roll 10% equity and offer a 15% promissory note. We believe that this shows good faith in the future success of the business and mitigates risk to the future owner! In addition to this show of good faith, the owner has offered a one-year training period to ensure a smooth transition. Growth opportunities for this business could include expanding into a tech help desk service or expanding the customer base outside of Eastern Nebraska.
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