|Computer Systems Integration Firm|
NCListing DetailsOffice ID: VAR3
Status: Offer Received
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Price Range: $500,000 - $1,000,000
Gross Revenue: $3,370,121
Cash Flow: $244,020
Inventory Included: Yes
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will participate in SBA/commercial lender financing.
Reason for Sale:Other business interests.
Training:Seller will provide up to 80 hours of transition support within the first six months at no additional cost.
OperationsYear Established: 1992
Form of Ownership: S Corp
Employees (full-time): 18
Employees (part-time): 1
Business Hours: M 8:30-7:00, T-F 8:30-6, Sat 10-3
Business Description:This business provides computer system integration services for corporate clients. Known in the industry as a "VAR", Value Added Reseller, this business sells hardware and software, networking equipment, managed services, remote monitoring and related services. They sell and service the most prestigious and recognizable hardware and software manufacturers in the world. A significant portion of revenue is derived from recurring contracts.
Historical Summary:Formed almost 25 years ago the business has grown consistently in gross sales, net profit and product authorizations.
Owner Qualifications:General business management. Computer experience a plus.
Competition:Competition is limited by manufacturer authorizations. This business focuses on medium sized corporate clients and has developed a loyal client base.
Potential Growth:Year over year growth is conservatively estimated at 15% annually, moderately at 30% annual growth and aggressively at 50% annual growth. Seller has made no efforts to grow the business faster than it does organically. 2017 has started on pace for 30% year over year growth. Owner has been managing growth to focus on high margin services.
LocationType of Location: Commercial Center
Monthly Rent: $3,290
Square Footage: 5000
Facilities:Located in a corporate business park this business is near capacity at 5,000 square feet. It has adequate well lit parking and is strategically located to serve their target markets.
Last Updated: Mar 16, 2017 / 4:19 PM
Financial Information Current as of: Feb 2, 2017 / 6:15 PM