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London Based Hardware and Software Company

₤5.5M₤230K

Description

For sale a successful IT company, a supplier of hardware, software peripherals and IT support services. It is based in the Midlands, UK although the client base is national. The services are aimed at the corporate, education and small to medium-sized business markets. The company has an established supplier and customer base with 84 plus active clients.

The Owners wish to work with a larger acquirer to realise the full potential of the business. They are prepared to look at the option of an earnout and all the Directors are willing to continue their present roles after a sale.

The company has been established since 2007and has steadily grown to achieve a turnover just under £3 million and an operating profit of around £230,000. The assets in the company include a property and are worth in excess of £700,000.

The business is operated by the directors who are full-time hands-on in the business. In total there are 8 staff.

The unique selling points of the business are:

  • Pre/Post Technical Sales
  • Dedicated Account Management available around the clock
  • Technical Solution Architects
  • Single point of contact

Detail

Updated on September 16, 2020 at 7:41 am

Property ID:L#2020447
Property Type:Internet Businesses
Asking Price: ₤5.5M
Gross Revenue:₤3M
EBITDA:₤230K
FF&E:₤700K
Country:United Kingdom
State: United Kingdom
City: London

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