Return

Information Technology - MSP

This 12 year old IT and Managed Service Provider (MSP) Company has grown exponentially since inception and is now available for a new owner or competitor to take it to the next level! This business has seen Year-Over-Year growth of Revenue and in 2019 the business generated $940,674 in annual sales revenue and produced $161,065 recasted Seller Discretionary Earnings for its Owner. The business competes based on providing a very high level of B2b service and has the following offerings: IT Managed Services, IT Projects (New Server Implementation and Server Migrations), Hosted IT Services, IP Cameras/Security Systems, VOIP Phone Systems and many others.  There is limited customer concentration issues, with no business accounting for more than 15% of the revenue.  Opportunity for expansion to begin servicing government organizations and new service offerings.  Significant barriers to entry exist for undercapitalized competitors.  Among the value-adds for the business, this opportunity offers the following: ·         High rate of conversion of Project customers to IT Managed Services clients ·         Centrally located in the Los Angeles County to service a variety of neighboring counties ·         Well-trained employees and technicians, who provide a high level of service and are well regarded in industry circles. ·         Recurring revenue 65% ·         The business currently has 1 FT working owner, 5 FT Technicians, 1 PT Developer and 1 FT office staff For more information, please contact Greg Michail at (415) 438-0202 or at gmichail@sunbeltnetwork.com.

Services - Other Services
California

Financial Information

No

Company Information

No
No
No
No
2008

Seller Information

Gregory Michail
Sunbelt Los Angeles County (Pasadena)
Los Angeles County (Pasadena), California