Price
$1,500,000
Profit *
$634,462
Sales Revenue
$2,499,775
Location
Sydney Region, Greater Sydney Area
Category
Professional, Computer/IT
Listing #
NSW09413
Sydney's based IT Managed Services provider that's been around since 2005. Revenue can roughly be divided into 4 equal sources: Managed IT, Cloud Services, Product Sales and Time & Materials.
Key investment Features:
– Sydney based, with a remote office in Adelaide
– FY19 revenue was $2.5m with an EBITDA of $499,992 (Net return to owner $634,462).
– Forecast for FY2020 is a revenue of $3.0M* with an EBITDA of $602,151*
– Over 300 clients – serviced locally and remote across Australia
– Substantial recurring income from IT Managed Serviced Agreements (Monthly Recurring Revenue $155,000, 66 clients
– Significant Hybrid cloud environment with over 100 virtual servers
– No industry or client dependencies
– Well trained, experieced and professional staff
– Strong reputation for expertise and customer service
– A robust system of procedures enables staff to operations autonomously
– Vendor not involved with service delivery
– Strong and reliable trading history
– Offers over $1.5m
*Based upon 1st July 2019 – 31st January 2020 results
Listing ID: NSW09413
Broker: Graham Peters
Phone: +61 414 232 248
Email: [email protected]
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09413
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Keywords: IT, Services, IT Managed Services,
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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