This company has been sold; view our managed services providers for sale and all of our technology businesses for sale.
The company was established in the mid 90’s. The company is family-owned and operates out of company-owned premises. Being under the same management for all its existence, this business has thrived in a rapidly changing technological environment. The company has endured stiff competition, changing industry standards and technology, and has gained the experience in technology and customer services to deliver a technological edge of a large business with the wallet of a small business to all clients.
This company delivers reliable telecommunications services for data, voice, and cloud while reducing costs of operation and at the same time offering the benefits of expert management of customer IT assets. The company owns and operates a fiber optic and fixed wireless broadband network. The company has deep reseller and wholesale relationships with large telecommunications companies.
The company offers:
The company services 220+ clients; over 2,500 end-users.
Data services offered by the company account for 36% of the revenue, voice services contribute another 36% of the revenue and 28% of the revenue comes from Cloud services which are relevantly new.
The company has key strategic partnerships which make the company even more lucrative
Key Highlights / Competitiveness
Facilities: The owner has a building in TN that serves as the company headquarters. It hosts fiber terminations and a small data center for cloud services. The new owner can lease the facility from the current owner for $2000 per month or can buy the asset for the market value which is about $220,000.
Support & Training: Full Support will be provided
94% Monthly Recurring Revenue at 59% margins.
Growing at 14% per year.
The price includes $267,000 of equipment.
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This business has been sold. If you are interested in selling your online education business please contact us.
This Software Company provides a professional skill or competency development SaaS system that identifies skill gaps and provides personalized learning to close them. They are organized into two business segments: (1) Software as a Service (SaaS)Business, which offers cloud-based software that enables organizations to upskill and reskill employees, and related services, such as the creation of competency models and competency-based learning. (2) Staffing Business, which offers project management solutions. The SaaS business consistently generates over $1mn in annual revenue, achieved an 8%+compounded annual growth rate from 2013 through 2019, and has a new business pipeline worth over $650k for the next two quarters. The owners, wanting to retire, are seeking to sell either both or only the SaaS business to an acquirer that can leverage its software capabilities to capture a share of the ~$240bn Corporate Learning and Development (L&D) market and the increasing organizational importance of learning to survival.
This company has been sold. Please see our other technology business for sale. This company is a corporate IT consulting solutions provider mainly dedicated to preventive system maintenance. The company has been in operation since 1999. The company’s founder started the company in a bid to meet the demands of the rapidly changing technological world by providing corporate clients with rapid changes of the technological scene, cyber security issues, system upgrades, converting large and complex computer systems, among other services based solutions such as system planning, integration, application deployment, desktop support and remote monitoring of systems.
Over the years, the company has gained expertise and experience that helps in the delivery of services/projects within time and budget, which is coupled up with follow-up and customer support to ensure all clients’ needs are met and addressed promptly.
Desktop support: The company offers remote and onsite assistance to the client’s staff when the need arises and needs to be addressed promptly.
System engineers: The Company has system engineers ready for deployment at any given time to address emerging issues and keep operations of all clients working smoothly.
Migration, Upgrading, and Logistics: Provision of software and hardware upgrades, migration of systems from single user systems to company-wide networks.
Microsoft services: The company handles all Microsoft software-related installations, maintenance, and administration.
Scripting: The Company offers MS Excel application development, data integration, and scripting for inventory and management purposes.
Financial services: The company offers trading floor environment support, systems, and market data.
Additional services: Other additional services related to it and integration are offered in this category. These are bulk SMS implementation, OS upgrades, and other support of minor hardware and software.
Employees:12
Facilities: On-demand leased space
Competition: The company utilizes various marketing channels that are boosted by the businesses’ ability to maintain a high standard of operation and customer care. The marketing channels utilized are, • Email marketing: subscription-based email marketing options are used. Customers, new and existing, receive emails of products updates and new products with additional insights to proper utilization of solutions. • Outsourced marketing team: the business utilizes outsourced marketing teams that create leads for business and client generation. • Web-based advertisement: other web-based advertisement channels are utilized, such as ads and referrals. • Continued delivery of impeccable services and solutions to all clients.
Growth & Expansion: The business is exposed to limitless growth potentials; being in the technology industry means that there are newer ways to expand and cover daily. The company can move and integrate software development services such as developer solutions, application design, and support. The company has aggressively started a marketing campaign.
Reason for Selling: Retirement
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This company has been sold. Please view our other tech businesses for sale. If you are interested in selling an IT Services Company in Missouri or anywhere else please contact us.
Established for 20 years, this IT staffing company has earned a reputation for providing talented IT professionals who create and support mission-critical applications for many businesses throughout Saint Louis. Their typical engagement is 18-24 months long which provides a nice predictable revenue stream. They currently have 30 people on billing and have active relationships with over 100 local clients. This business has not made a cold call in over 10 years, which is a reflection of how their clients value their services. Includes a small but long-tenured and experienced internal staff.
This business has been sold. Please view our other SaaS and Software Companies for sale and contact us if you would like to sell your SaaS company.
Founded more than twenty years ago by a telecommunication and media veteran, the company provides a cloud-based software solution for media companies to effortlessly calculate complex video content royalties, eliminating error-prone manual methods. The software can be used for any type of royalty calculation and is not limited to video.
The company’s mission-critical software generates a client retention rate that exceeds 99%. Their high recurring revenue of 97% of the projected $861K revenue for 2023, showcases the stability of the business model with very predictable, consistent returns. The cash flow of the company as measured by its seller discretionary earnings (SDE) is estimated to be around $434k in 2023 (+15.7% increase year over year).
Notably, revenue sources remain diversified, with newer revenue streams such as Managed Services, Consulting, and Custom software accounting for more than 20% of revenue and no single client contributing more than 12% of revenue. A secure foundation is established through multi-year contracts with major clients, assuring a steady future income stream. An acquirer can capitalize on untapped potential in the expansive market, where hundreds of companies, both domestically and internationally, still rely on outdated tools. A lean and efficient operational structure, characterized by minimal overhead and a remote workforce, positions the company for high scalability and amplified profitability with each new client acquisition.
Team: Fully remote team, led by its CEO and founder, supported by a team of four employees working part-time and full-time.
Services and Clients: The comprehensive services offering which includes custom software development and software licensing, also features budgeting tools and consulting services. These generate steady recurring revenue. Newer revenue streams include Managed Services, as companies continue to look for opportunities to streamline their operations and outsource their administrative costs.
Most client contracts are secured on a multi-year basis ranging from three (3) years upward.
This company has been sold, view our other technology businesses for sale.
This Company produces and distributes proprietary wireless products for a growing niche in the Security industry. Their recurring revenue has grown continuously every year since their inception over 15 years ago. Demand continues to grow because their patented technology provides an added value compared to conventional products. This is a unique opportunity to own a company with high profit margins and relatively low overhead. Owner is retiring after many years in the business. A company in a related industry that acquires this business would have access to this company’s repeat customers and would be able to sell this company’s products into the acquiring company’s customer base.
Support/Training: Seller will stay on after the sale to help with training and transition of the sale.
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This business has been sold. Please contact to sell your cabling or fiber optic installation company. If you are interested in buying a business please view our businesses for sale.
The well-established growing company installs and supports all Low voltage wiring, Networks, Phone Systems, Security, Video, Audio, and much more by Licensed & Certified technicians. The company works closely with architects, general contractors, IT managers, and other key personnel from small to large companies. The company has a full-time tech in MD & PA, that supports those areas and VA & DC.
The company has been sold. Please view our other technology businesses for sale.
Distinguished computer services and consulting firm is well known in their region and has received multiple awards for excellence. With a headquarters in Central New York in the Northern Appalachian Region, the company also has a presence in Florida. Founded over 30 years ago, the company has built a solid reputation while expanding its services to meet demand.
The company enjoys a loyal customer base and offers comprehensive and customized solutions to primarily small and medium-sized businesses. The company is open to the public, offering personal computing services as well.
In addition, the Company has expertise in security compliance programs. Security regulations and guidelines are required of many businesses and organizations in order to protect confidential information, and avoid data breaches and ransomware. The company offers assessments and training services to ensure procedures and policies are in place to identify and prevent security threats.
Building SF: 4,000
Employees: 6
Competition: New owners could choose to capitalize on the growing trend of companies outsourcing their IT services while also paying higher premiums for solutions and quality.
Growth & Expansion:
As IT skill shortage intensifies in the marketplace, the demand for IT services will grow.
Support & Training: The two owners’ level of involvement during the transfer of ownership will be entirely dependent on the new owner’s experience in the industry. Owners are willing to negotiate details to ensure a smooth transition.
If you would like to sell your IT Services business in New York or any other area please contact us.
This company has been sold. Please view our other Technology companies for sale.
This Software and It Services provider represents a unique opportunity for a buyer to acquire an open-source software solutions provider with several hundred customers worldwide. SSP offers its clients award-winning solutions in ERP, BPM, and Business Intelligence. Founded in 2008, the company currently has operations in the US, the Middle East, and India. SSP has clients across a broad spectrum of industries and countries, including private and government organizations. In 2016, it added large clients from Saudi Arabia and Canada to a client list that already included firms in the US, Middle East, and India.
