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:
Gross Revenue
₤3,000,000
EBITDA
₤230,000
Business ID:
L#2020447
Country
United Kingdom
City:
London
| Business ID: | L#2020447 |
| Property Type: | Internet Businesses |
| Property Status: | For Sale |
| Target Price: | ₤5,500,000 |
| Gross Revenue: | ₤3,000,000 |
| EBITDA: | ₤230,000 |
| Target Price / Revenue: | 1.83x |
| Target Price / EBITDA: | 23.91x |
| FF&E: | ₤700,000 |
Updated on March 27, 2023 at 6:24 am
$2,000,000
Internet Businesses
London Based Hardware and Software Company
