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IT Cloud 'Work-from-Home' Provider (MSP)

Location: USA (anywhere)

ID: (#200669)

200669
Price:$378,000
Revenue:$282,000
Cash Flow:$122,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

Managed IT Service Provider for cloud based, secure workspace solutions that enable businesses to work entirely from-home or anywhere they choose (MSP).
Subscription based business model. Existing long-term contracts in place. Contracted MRR for 2020 total $303,000.

Providing businesses in compliance driven industries with an all-in-one solution, offering the security and functionality needed to run the technology portion of their organizations with peace of mind.
Growing user base on mixed client portfolio. Two mature distribution channels in place. The Covid-19 pandemic has increased demand for the services of this business.

This business can be operated from anywhere in the USA.

Details

Reason for Selling:

Other business

Established:

2017

Employees:

1

Furniture, Fixtures, and Equipment (FF&E):

Some IT equipment/Non-essential

Facilities:

Leased office space

Competition:

Unique packaging of services and solutions sets this provider apart from competing companies.

Opportunities for Growth:

Current growth over 30% annually.

Support and Training

The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners. After that time the Seller and Buyer may enter into a consulting agreement for terms and conditions to be determined later.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • Carolina One Properties Inc
  • North Carolina - Wilmington
  • By Appointment Only
  • Wilmington, North Carolina
  • Real Estate Broker: Carolina One Properties Inc