Managed IT Solution Provider in Texas

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$185,000
Revenue
$460,750
Business Description

This family-owned managed IT Solution Provider delivers Managed IT Services, Cloud Services and On-Call IT Support to small businesses and local government facilities in the nearby Bryan/College Station area. This business is an offshoot of another company that was started in 1999 as a PC repair company which then added business services over the following years. The owner broke off this managed services division in 4/2019 to focus on providing high quality business services. They have over 10,000 customers in their database with over 300 being active over the last 2 years. With no client over 10% of their business, 14 are under recurring monthly contracts which bring in around $12K/mo automatically and with additional services billed these 14 accounts bring in about 53% of revenues. There is also recurring monthly billing for several other clients for email, MS Office subscriptions and annual subscriptions for cloud backup. Having established a niche in this market for providing IT solutions to both individuals and businesses, there is still huge growth potential where many businesses are looking to outsource their IT solution. Their fixed price structure allows these organizations to pay a fixed price/month for a technician to service them on a weekly/monthly basis and enables them to plan for their yearly IT budget. They offer 5 contract tiers for managed services and pricing depends on the number of devices covered. Their service packages are more inclusive than their competition which can help clients budget more accurately. They are partnered with Microsoft, Cisco, Sophos, Dell, Lenovo and others. Business is officed out of small office building which is part of storage unit facility. Buyer can continue to rent here or move business. Please refer to CBB Listing #8239 Location: Bryan, Texas Year Established: 2019 Number of Employees: 3ft; 1pt Facilities: 850sf facility on office / warehouse complex

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 weeks ago

Views: 5

Favorites: 0