Hot Listing

IT service : Earn $110K working 15-20 hours per week

Asking Price$135,000

Cash Flow
$110,000

EBITDA$97,000

Gross Revenue$161,000

Inventory$5,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave
Hot Listing

IT service : Earn $110K working 15-20 hours per week


Asking Price$135,000

Cash Flow
$110,000

EBITDA$97,000

Gross Revenue$161,000

Inventory$5,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Seller motivated and open to offers!
This IT service provider offers sales, service, and installation of computer products. The seller analyzes the needs of clients, propose the best solution, and procures and installs the best computer systems and support.

The seller has just approved a 50% discount off BPO, due to health reasons.
Buyer must be near the Wilmington, NC area.
Buyer with some IT experience can expect to earn $100K cash flow/year, working 15-20 hours/week!
Seller has built a diverse client base with several revenue streams. Selling price = the annual cash flow!
The owner sold the business in August 2023, but due to buyer default, the seller has taken back his clients and is providing them ongoing support.
About the Business
Years in Operation
25
Employees
1
Currently Home Based
Yes
Facilities & Assets
The assets of the business include the business name and brand, phone number, customer list, web site, all hard assets (diagnostic equipment and parts inventory valued at $5,000), training from the seller and introductions to all key customers and other business networking. This asking price is a discount of 50% off the broker best price opinion.
Market Outlook / Competition
The market is expanding in Wilmington. For instance, city hall is experiencing a backlog of over 25K building permits. The typical customer profile for the seller is small businesses with 8 to 25 employees.
• 60% residential
• Service prices consistently lower than competitors
• Service quality is outstanding, as per Google and BBB reviews
• Accredited Better Business Bureau A+ rating since 2013
Opportunities for Growth
Plenty of growth opportunities include more clients, higher fees (currently lower than the competitors), expanding geographical coverage, and expanded commercial contracts.
About the Sale
Seller Motivation
The seller would like to retire and is willing to sell ASAP due to health issues
Transition Support
The buyer must be able to take on seller responsibilities ASAP. The seller is willing to train and transition the business to a buyer but his time will be limited, due to a health issue.
Financing Options
Offer all cash and close soon and the price is reduced. Excellent cash flow.
Listing Info
ID
2272226
Listing Views
5984

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: James Hickey Business Acquisitions, LLC

Listing ID: 2272226 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
SiteSwan
$199SiteSwanFeatured Franchise