Managed IT Services Providing Company for sale in Ottawa

Listing ID:
OTTAWON001-N1373

Ottawa, Ontario, Canada

Data Processing, Hosting, and Related Services

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Chris Skowronski

chriss@sunbeltcanada.com
Cell: 613.282.0125

Description

RECENTLY SOLD. Well established and trusted Information Technology company focused on providing managed IT services to selected medium and small businesses is for sale in Ottawa. Very stable and profitable for 25 years, it enjoys an expanding marketplace with significant opportunity to grow its niche business. Solid B to B client base. It’s secure and prestigious office and hosting facility has plenty of room for expansion. A great opportunity for IT professional or as a corporate acquisition. The company has dedicated team of professionals to carry on and grow the business under the leadership of new owners. Some financing and plenty of training will be provided by the retiring owner to ensure a smooth transition. For more information on this exciting business acquisition opportunity please contact: Chris Skowronski at Sunbelt Business Brokers Ottawa, direct: 613-282-0125; office: 613-731-9140 ext. 244; email: ChrisS@sunbeltcanada.com

Financials

Asking Price:$650,000
Revenue:$961,902
Cash Flow:$219,545
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price:$66,700 (Included in Asking Price)
Inventory Asking Price:$1,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:1800 sq ft

Other

Franchise?No
Homebased?No
Relocatable?Yes
Year Established:1993
Year Acquired:1993
Full-Time Employees:4
Part-Time Employees:1
Reason For Sale:Retirement.