Light & Raphael is pleased to offer an IT managed services company for sale in Richmond, VA. The company provides services to the city of Richmond and the surrounding counties. The business is largely absentee-owned. It has implemented a revenue model where 80% of income comes from long-term service agreements.

The Company is an IT support and cloud solutions Managed Serviced Provider (MSP) for small and medium-sized businesses with a track record of over 25 years. The company offers a full stack of customized support IT services, including onsite and remote help desk support services, proactive monitoring and alerting of critical infrastructure, patch management, and vulnerability scanning of crucial infrastructure.

The employees are loyal and have all been at the firm for at least seven years. There are contracts in place with the various clients and they are typically one year in length and automatically renew each year unless cancelled. There is a loyal client base with six of the top ten customers in place for at least ten years and eight have been clients for at least five years.

For a buyer, this is an opportunity to acquire a truly turnkey operation—complete with a fully trained team, established client contracts, robust vendor relationships, and a respected brand name in the Richmond market. With a minimal learning curve, and immediate cash flow, the Company offers the stability of a mature business with the growth potential of a well-positioned technology leader.