Sydney Based It Managed Services Company

Business Sold Sydney, New South Wales 2000

Business Category Computer IT

SOLD

Description

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
Timestamp: XXXXXXXXXX 0052

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
LINK Sydney

Bsale ID: 565107
Broker REF: NSW09413

Link Sydney