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London Based Hardware and Software Company

London, United Kingdom
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    London Based Hardware and Software Company

    Asking Price:

    ₤5,500,000

    Gross Revenue

    ₤3,000,000

    EBITDA

    ₤230,000

    Property ID:

    L#2020447

    Country

    United Kingdom

    State:

    United Kingdom

    City:

    London

    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 February 23, 2021 at 2:18 pm

    Property ID:L#2020447
    Property Type:Internet Businesses
    Property Status:For Sale
    Asking Price: ₤5,500,000
    Gross Revenue:₤3,000,000
    EBITDA:₤230,000
    FF&E:₤700,000
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