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MSP with Enterprise Level Cybersecurity Capabilities | $2.3M sales | $580K EBITDA | 85% Recurring Revenue

Location: Greater New York

ID: (#200953)

200953
Price:Contact Broker
Revenue:$2,300,000
Cash Flow:$580,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

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
  • Appointment Only:
  • Pennsylvania - Philadelphia
  • By Appointment Only
  • One Liberty Place | 1650 Market Street, 36th Floor, 19103
  • Philadelphia, Pennsylvania 19106
  • Real Estate Broker: