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 Buy a Canadian company Listing # 72905002
 
 Business  For  Sale 
 Buy a Canadian company

IT Company with recurring monthly managed service clients

$432,000.00 (Cdn)

IT Company with recurring monthly managed service clients
 
Business Location: South Central Ontario
Postal Code: L0J
Relocatable: Yes
 
Business Categories:
Information Technology
Computer Hardware & Software
 
  BUSINESS   FEATURES  
Very low operating cost.
Highly automated.
Long term customers with recurring contracts.
Monthly recurring revenue has a solid history.
'Extra' work from monthly recurring customers easily doubles the monthly earning potential.
Company operates with one junior employee and one lead tech.
No liabilities, high returns.
Proven track record of revenue, retained earnings and customers visible in financials.

FINANCIAL  INFORMATION
Steady receivables.
Cash strong.
Long standing clients.
No liabilities.
Can easily be run from home, added to existing IT company or used as a springboard board for an IT startup that needs $20k/month+ cash flow almost instantly.
Revenue $400,000+
Retained Earnings $200,000+

MARKET  &  COMPETITION
Market is good.
We are competitive.
Lots of room for growth.
Easy to double revenue with good sales person.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  

  • Web Hosting server (Dedicated and pre paid for 3 years)
  • Operating name & Clients
  • Domain name
  • Transfer of RMM and related tools
  • Web hosting customers
  • 1 full time employee
Manages services and break/fix clients. 70% of work can be done remotely.
$12,000/monthly recurring revenue from contracts/managed services.
$144,000 gross annual revenue from MSP clients exclusively.
Over 250 MS365 endpoints.
Microsoft Certified Silver partner.

Approximately $400,000+ total gross revenue annually.

Average retained earnings over $100-200k/a.

Over 4 years financials showing activity.

Selling price based on 3 years recurring revenue from managed service contracs.


  -  EXCLUDED  from  the  Price  -  

  • 1 vehicle
  • 1 laptop

  -  OPTIONAL  &  EXTRAS  -  

  • Will stay on for a period at a negotiated salary to assist transition.
  • Will continue to refer new work for small commission

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