Managed Services & IT Support Company
REVENUES: $7,100,000.
EBITDA: $775,000.
This profitable and unique Managed Services & IT Support business was founded in 1988 to provide high quality IT support for small and medium sized businesses at affordable rates. The company offers technical assistance, consulting, and computer support. Client services provided also include Cloud IT Solutions, Development of high-level client IT Infrastructure, Data Security, Virtual CIO service with dedicated technology officer, 24/7 Technical Help Desk Support, Desktop Monitoring and Management, Remote Monitoring and Maintenance plus CO-Managed IT services. There are approximately 250 active and long-term commercial accounts, including healthcare companies, EMR businesses, law firms, manufacturers, distributors, service companies and other industries. The company enjoys a strong reputation for quality customer service and competitive pricing. Additionally, there is no customer concentration. The business employs a stable, knowledgeable, and well-trained staff of 23, including the 2 owners. The management team consists of a CTO, Data Center Manager, Customer Service Manager and Sales Manager. The company occupies 7000SF of executive office space with 2 years remaining on the lease. One partner wishes to retire after any necessary transition period while the other partner is agreeable to stay active for a transition of 12-24 months.