Sydney Based It Managed Services Company

Sydney's based IT Managed Services provider that's been around since 2005. Revenue can roughly be divided into 4 equal sources: Managed IT, Cloud Services, Product Sales and Time & Materials. 

Key investment Features: 

- Sydney based, with a remote office in Adelaide

- FY19 revenue was $2.5m with an EBITDA of $499,992 (Net return to owner $634,462). 

- Forecast for FY2020 is a revenue of $3.0M* with an EBITDA of $602,151*

- Over 300 clients - serviced locally and remote across Australia

- Substantial recurring income from IT Managed Serviced Agreements (Monthly Recurring Revenue $155,000, 66 clients

- Significant Hybrid cloud environment with over 100 virtual servers

- No industry or client dependencies

- Well trained, experieced and professional staff

- Strong reputation for expertise and customer service

- A robust system of procedures enables staff to operations autonomously

- Vendor not involved with service delivery

- Strong and reliable trading history

- Offers over $1.5m 

*Based upon 1st July 2019 - 31st January 2020 results

Listing ID: NSW09413

Broker: Graham Peters

Phone:  XXXXXXXXXX

Email: XXXXXXXXXX

To complete an online confidentiality agreement, visit this business and enquire now at: XXXXXXXXXX

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: IT, Services, IT Managed Services, 
Ref: NSW09413
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