30+ year established Computer Consulting Service Business located in an affluent location in San Gabriel Valley, which has evolved beyond its roots as an IT Firm specializing in network administration, sales, implementation, maintenance and systems analysis into systems architects who consult clients' full spectrum IT needs and requirements. More than 1800 active current clients and nearly 5,000 clients in database since 2011. 60% growth in 2020 over 2019 after attaining 25% growth in full year 2019. Three year blended Sellers Discretionary Earnings $342,355. More than 50% of billed Labor Revenue is Recurring Revenue that includes Prepaid Blocks of support time hours and approx 20 key client Service Level Package Contracts. Virtually no marketing or advertising paid for past 2 years, all referral, word of mouth and walk-in business. Seasoned employee team in place includes two Senior Technicians and two Mid-Tier Consultants. Seller has minimized his personal project work and client interaction.
Business Core competencies include key technical knowledge and understanding of client business objectives and needs, the design, assembly, implementation and maintenance of simple and very complex networks, and consulting to ensure IT business plans have preventative measures, security, disaster recovery contingencies, hardware and software upgrades, support and employee training. Approx. 30% of service labor is on site while 70% of support is performed remotely.
This business is growing at an amazing rate in the most challenged economy since The Great Depression, and demand for these services is at an all time high. The business is poised for continued growth with a business develop minded new owner who will advertise, network and seek new business clients with proactive outreach.
Seller owns the building and it is available to purchase at fair market value, or Seller will provide a great lease to a qualified buyer. Priced to sell. Buyer Interview Conference Call along with completed Buyer Profile- Financial Statement required to receive Confidential Memorandum Offering Package.
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