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MSP with Enterprise Level Cybersecurity Capabilities | $2.3M sales | $580K EBITDA | 85% Recurring Revenue
Location: Greater New York
ID: (#200953)
Price:Contact Broker
Revenue:$2,300,000
Cash Flow:$580,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$0
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Overview
Managed IT Services provider offering Enterprise level Cybersecurity capabilities to small and medium sized businesses. The company has 85%+ recurring revenue and is on track to achieve over $2,300,000 revenue and $580,000 EBITDA in 2023. The company services clients in New York, New Jersey and Connecticut. The company has established a strong reputation during the past 23 years. The CEO and CFO co-founders are ready to transition ownership; however, they are committed to the growth of the company and are willing to remain in full-time or consulting roles for an extended period, depending on the needs of the buyer..
Details
Reason for Selling:
Retirment
Established:
1999
Employees:
8
Broker Contact Information
- Mahen Gundecha
- Pennsylvania - Philadelphia
- (484) 354-4274 Mobile
- mahen@bristol.group
-
Appointment Only:
- Pennsylvania - Philadelphia
- By Appointment Only
- One Liberty Place | 1650 Market Street, 36th Floor, 19103
- Philadelphia, Pennsylvania 19106
- Real Estate Broker: