Established, Profitable Public Sector IT Services NV-55243
This outstanding opportunity offers the chance to acquire a successful, highly efficient business model with minimal overhead, resulting in strong profit margins. The company boasts a proven track record of delivering high-value IT services, stable recurring revenue, and consistent annual contract renewals since 2020. By acquiring this company, you will immediately gain credentials as a successful provider of proven methodologies for managing and optimizing complex IT systems in large school districts. The company has well-documented processes and established client connections that will make for a seamless integration into an appropriate acquirer's organization.
With a lean operational model and founder support during the transition, you can ensure continuity of the company's valuable client relationships. The business operates with limited employees, reducing benefit and administrative expenses, with revenue primarily derived from billable hours of 8-10 consultants. The company enjoys a strong growth rate, with ongoing contracts renewed annually, providing stability and predictability for business planning. There are opportunities to lead or support the implementation of new enterprise systems and leverage success to target other public sector education clients.
Founded to address a critical IT failure in 2018, the company transitioned to a managed services model by 2020. It has a history of being called upon for critical issues beyond the scope of contracts, and its experience with one of the largest U.S. school districts provides significant credibility. Expansion potential includes an imminent large-scale project with a school district client and greenfield marketing opportunities to build upon current successes.
Annual revenue continues to increase with the budget for IT projects year over year and is projected to continue this trend. Operating expenses are relatively steady with a slight year-over-year decrease as the company has continued to refine delivery processes and efficiencies. Net income has been on a steady incline and is projected to continue that trend through 2024. The highly flexible operating model enables tight financial controls and the ability to seamlessly expand or add this onto an existing services company.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Samuel Baird with Sunbelt Business Brokers at 801-687-7472 or email for a non-disclosure agreement to quickly receive the package at sbaird@sunbeltlv.com NV license # 146087, Business Broker # 7095.
- Listing ID:
- NV-55243
- Industry:
- Technology
- Location:
- Utah
- Revenue:
- $2,600,000
- SDE (Cash Flow):
- $635,000
- Listing Agent:
- Sam Baird
- Years in Business:
- 5+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 8
- Reason for selling:
- Pursue Other Business Ventures