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Managed IT Service Provider – SW Michigan

This IT service provider business is a great opportunity to take control of your destiny by owning your own firm or this would be a fantastic acquisition for an existing IT provider to gain long standing clients and qualified staff.  This business has a 15-year history of success supporting small and medium sized businesses, which have growing needs in the market, providing for tremendous long-term growth and total return.

 

Providing all levels of managed IT services to a variety of clients this business has transitioned into a virtual / cloud-based service provider, creating a highly profitable, very lean, and low overhead business.  They provide 24/7 IT emergency service and enterprise tier services. This is a dynamic industry with the company serving a diverse and very loyal customer base. With this opportunity you become a trusted resource in the small business community.

Listing ID:

ABB-22065304-90

Location:

Southwest Michigan

Type of Business:

Managed IT Service

Asking Price:

$500,000

Gross Revenue:

$557,538 (2021)

Cash Flow:

$177,034 (2021)

Inventory:

FF&E:

Established:

2007

Employees:

2 Owners (one will stay

for a period of time)

plus 1 F/T and 1 P/T

Facilities:

Work is all completed in a virtual or onsite as needed, creating great flexibility and reducing overhead.

Real Estate / Lease Terms:

None

Growth Opportunity:

There is plenty of room to grow this business with focused and expanded marketing, sales, and social media presence. Along with the everchanging landscape of remote work, hybrid work environments, and cybersecurity is creating a sustainable pipeline for years to come.

Competition:

There are competitors in this space, however the demand for these services is growing as fast as the industry can supply, so often there is more collaboration than direct competition.  This business has been able to keep long term clients and grow through existing relationships and referrals.

Financing:

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees.

Reason for Selling:

Seller wants to retire from IT and is looking for qualified buyer that will take pride in maintaining the integrity and reputation that has been established.  Seller will be available to work in the business during the transition.

Broker Contact:

E. Brad Scoffin – Advanced Business Brokers

Direct: 269-903-8143

Fax: 248-564-5259

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.