Specialist IT Services Provider with Recurring Contracts

Profitable IT services business operating since 2005, delivering managed cloud solutions and technical support to healthcare, construction and education sectors. Strong recurring revenue model with 36-month contracts and exceptional client retention rates.

This is a highly profitable IT services business with over 20 years of proven market presence and exceptional financial performance.

Specialising in healthcare IT solutions, this established provider has built an enviable reputation for delivering custom cloud services, managed IT support and cybersecurity solutions to a loyal client base across recession-proof industries.

With 95% of revenue secured through long-term Service Level Agreements (SLAs) and a proven track record of consistent client growth, this business offers stability and predictability in a high-barrier-entry industry.

• Annual revenue exceeding $1.2 million in FY24
• GP Margin at nearly 39% in FY24
• 18 loyal, ongoing clients; over 5-year relationships (average)
• 95% of customers under 36-month recurring contracts
• Top clients represent 55% of turnover, with 20x growth since inception
• Annual revenue churn of only 5%, demonstrating exceptional retention
• Specialised healthcare IT expertise in a high-barrier market
• Lean 9-person team
• 175 sqm facility with $100-150k plant and equipment
   

Contact Paul today to secure this lucrative IT services opportunity before it's gone!

Listing ID: NSW11844

Broker: Paul Harvell
Phone:  P. +61 2 9899 1999 / +61 422 193 891
Email: [email protected]

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the vendor.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: IT Services, Cloud Services, Healthcare, Technology

Ref: NSW11844

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