IT Services/Managed Services/Cisco Partner For Sale

Public
  • Listing# : 8147
  • Listed Price : $7,000,000
  • Total Sales : $14,366,461
  • SIC :
  • Down Payment : $5,000,000
  • Status : Closed
  • Discretionary Earnings : $688,268

Business Type :

Electronics/Computer / Computers Sales/Service, Electronics/Computer / Computer Programming, Electronics/Computer / Computer Software

Business Description :

The company provides IT/Managed Services for a number of customers. The company provides an array of products and services to include IT Services where it serves as a virtual IT department for clients, managed services where it manages the systems, and also is a valued Cisco partner that specializes in Cisco Video products and integration. The company has a 7 X 24 hr network operations center (NOC), provides outsourced technical support, desktop support services and monitoring. The company addresses thousands of events each month for its customers. No large customer concentration. Varied sources of business. The best buyer will be a strategic/financial partner who is already Cisco Silver or Gold who can achieve synergies from day one and can provide growth resources for the company. The company is becoming more profitable on lower sales because it is focusing on providing more services (higher margins) than equipment sales (lower margins). Preference will be given to a buyer who may be able to complete a closing by Dec 31 2012.

Assets/Liabilities:

    • Accounts Receivable $1,273,994
    • Incl : No
    • Real Estate $0
    • Incl : No
    • Inventory $69,061
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $550,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $200,000
    • Incl : Yes
    • Total Assets $819,061
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Electronics/Computer