IT Staffing and Consulting Services Firm For Sale

Business description

The March Group currently represents an established IT staffing and consulting services firm specializing in professional staffing, custom application development, Web site design and hosting services. Headquartered in the Midwestern region, this Company manages a staff of professionals that are proficient in a wide spectrum of mainframe, midrange, client-server and Web-based technologies to provide clients with high quality IT services, products, and staff for optimal cost-effective, customer driven solutions. The Company makes extensive use of outside consultants in support of its IT staffing and service offerings. Widely recognized for its unique ability to deliver the resources and expertise of a large firm while providing the personalized service, immediate attention and high-product quality of a smaller firm. The Company posted total revenues of $4.83 million in 2008, with EBITDA of $324,702. Total sales are projected at $4.20 million in 2009, with EBITDA estimated at $173,000.

Property information

Real Estate:

Lease

Premises details:

Headquartered in the Midwestern region, the Company leases 5,100 square feet of office space at a cost of $6,587/month.

Size in square feet:

5,100

Other information

Expansion potential:

This Company is well positioned to capitalize on the relatively positive factors favoring its marketplace. An improvement in the overall economic landscape is now forecast by many experts for late 2009 and early 2010, and if this favorable scenario unfolds, management’s current forecasts could very well be extremely conservative. Historic levels of stimulus from the federal government and exceptional expansionary monetary policies from the U.S. Federal Reserve are already having a positive impact on overall economic growth.

Competition / Market:

The output of U.S. management and technical consulting services is forecast to grow at an annual compounded rate of 5.8 percent between 2008 and 2013, according to the latest forecast by the Interindustry Economic Research Fund based in College Park, Maryland.

Support & training:

While a sale of 100% of ownership interest is preferred, the sale of all, or portion thereof, would allow the potential for accelerated growth of the Company through expanded capital formation and strategic alliances.

Reasons for selling:

Diversification of owner’s personal financial interests.