Gator Business Sales are pleased to be working with the owners of this highly regarded and consistently profitable business.
Established in 2007 and incorporated in 2010, the company provides IT support and consultancy services to commercial clients in the south of England. The principal area of specialisation has traditionally been with Apple products and systems, and the company is part of the Apple Consultants Network. However, the business has in recent years successfully acquired increasing amounts of non-Apple work, and is an MSP to a wide range of companies with diverse technology usage.
All clients are contracted and pay a monthly retainer based on the number of users and services required. Additional revenue is gained via one-off jobs and projects.
An experienced workforce of engineers, marketing, and administration professionals will transfer with the sale. All are home-based, which means that the business does not have to maintain expensive bricks and mortar offices and there are no onerous leases to assign. One of the two current owners works in the business and remotely invests circa 20 hours per week on average, predominantly in an FD/MD role.
Recent years trading has been very strong with significant year-on-year increases in turnover. Forecast sales for the financial year that will complete 31.12.24 are £580,000. Adjusted net profit available to our clients is consistently in excess of £100,000 per annum.
The acquisition will be of particular interest to an established IT consultancy or similar looking for non-organic growth.
