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Reputable IT Retail Products & Services Business - Highly Profitable

Business Services , Corporate Sales above $1m, Technology And IT Businesses, Business Services

Yennora, NSW, Australia 42 Views

Asking Price $2,200,000 for 100%

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SALE OR INVESTMENT DETAILS

  • $30 Stock at Cost
  • $1,060,497 Gross Sales per annum
  • $0 Assets Included in Sale
  • $824,021 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Business Consultants

Highlights

  • Reputable IT Retail Products & Services Business - Highly Profitable
  • An extensive list of assets included in the purchase
  • Retail aspect of the business included in the sale
  • Profitability is excellent and running costs are comparatively low

Executive Summary

A truly unique opportunity to acquire a highly profitable IT retail product & services business with an estimated return to the owner of over $800k for FY 18.


Location Details

The business provides IT services to the southwest and western areas of Sydney and has a retail location in the Yennora area that is highly visible and close to a hub of local businesses.


Potential

There is a lot of potential to grow this business by seeking out new managed service clients, and or increasing the services provided to existing clients, and by expanding into new areas of Sydney.


Lease

The retail shop will be offered for lease at current market rates, the term & lease conditions open to negotiation.


Employees

1x part time 


About the Business

This successful, established and highly profitable business offers total IT services and retail products to individuals and business clients with a focus on managed services.

With a strong track record of growth and success, this business would suit either an experienced IT person or an existing IT business looking to grow and expand its operations.


Key facts about this business:

- The business is easy to run with the current owner operating the business full time and employing one part-time employee

- The business specialises in managed services with a core group of clients under managed services contracts 

- An extensive list of assets included in the purchase

- As this is a service business, profitability is excellent and running costs are comparatively low

- Retail aspect of the business included in the sale


For more information on this opportunity, please contact the undersigned:


Brent McDonald

Business Sales Specialist 

Mentored Business Sales, Corporate Business Sales & Acquisitions

M: 0413 158 638 T: 1800 858 696 E: brent.mcdonald@mentoredbsales.com


Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner’s salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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