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It Managed Services Repeat Client Base For Sale

Omaha, Nebraska
Professional and technical services
Company Data
Price
$9.0M
20%
Revenue
$8.8M
Top 10%
Profit
$1.8M
5X
Business Overview
About the Company
This MSP firm provides services including network management, cloud computing, cybersecurity, data backup and recovery, and help desk support. They offer IT managed services including server architecture and design, hosting, 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 only offered to existing clients. The company has an impressive 85% repeat client base, which speaks to the quality of their services and the trust they have built with their clients. For more than a decade this IT business based in Omaha has established itself as a reliable provider in the region, with a strong team in place of 3 IT engineers, 2 in sales and 2 in admin. The owner of the business is willing to carry a larger that standard, 25% of the sale and provide a 2-year transition as a sign of good faith. In 2022 the team earned their best year yet with an annual revenue over $8.7 Million and a 20% profit margin! Their client scope ranges from small to medium sized businesses with a focus in the banking industry. Growth opportunities for this business could include expanding into a tech help desk service. Priced at $8,975,000 this business with an excellent reputation for never losing a client is poised to deliver a stable and continually growing opportunity to the new owner. This presents an attractive opportunity for potential buyers looking to enter or expand in this market.
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