Established IT Business For Sale

This established IT business with 2 full time IT staffs (plus a part time owner) operates from a professional office located close to Melbourne CBD.

It offers “one stop solution” to a over 100 small to medium size businesses, including 15 dental and medical clinics. Other clients are from professional services/consultants, legal, engineering, allied health, finance and education. The business also have a small number of home based clients.

BUSINESS HIGHLIGHTS

• Services include managed services, ad-hoc support, domain name registration, hosting and cloud oriented services
• For 2017(12 months), over $180,000 of revenue was associated with cloud/domain services, $63,000 associated with managed services and in excess of $135,000 of revenue from other services. There is also over $128,000 of revenue generated from hardware sales.
• The business has integrated systems for customer relationship management, job management, automated billing and subscriptions.
• Contractors with specialist skills are engaged to work on clients’ projects when needed.
• Part time owner is responsible for the overall management of the business, with the majority of day to day operations handled by 2 full time employees.

The owner will assist with the transition of the client base to the new owner.

This business is suitable as a “bolt-on” to an existing IT business where there can be cost saving through better utilisation of resources.

Compared to the risks associated with starting a new business, this business can also be attractive to an individual looking to start an IT business as it is profitable and provides a great foundation to grow from.

Asking Price: $245,000 plus stock