Systems Integrations IT Services Company - 4244

Financing

$380,000 Down and 120000 over 12 months at 5%

Business Description

IT Services company selling its%u2019 well established customer base. Great for existing Systems Integrator looking to quickly grow customer base. Hourly service rates range from $100 - $225 per hour depending on on-site/off-site service and emergency support. Customers currently subscribe to IT consulting services through monthly retainers, block hours, and Ad-Hoc hourly support. Customer base is located in Connecticut and Manhattan with a number of customers having multiple branch locations. Company provides services including; WAN/LAN Management, Windows Server and Desktop Support, MS Server and Desktop Applications support, Blackberry integration and support, Firewalls/Routers/ Network Infrastructure installation and support, as well as software and hardware sales. Company has also developed several CRM and Business Process applications (Languages include Java/Tomcat/MySQL) for various customers (note: financials associated with application development have not been included in annualized profits of customer base). The opportunity for continued application development with customer base exists. Company is selling the customer base asset only. It is expected that a 60-90 day transition period will be required to adequately transfer customer base to buyer. This process will require that the buyers technical staff travel and work with customer base as Company technicians to ensure a smooth transition to buyer. Company also provides hosted services in the form of email, web, ftp/sftp, and co-location. Company will retain this portion of the business.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.