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Advert Details

IT Solutions Support and Supply Business For Sale

(Ref: IU121)

Harrow, Middlesex, United Kingdom

Financials

Asking price: £300,000

Sales revenue: £350,000

Net profit: £270,000

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
This business has been established since 2006, as a specialist company in IT hardware supply, support maintenance and professional services specialising in Cisco services and solutions and are a registered Cisco partner, ( and hope to be upgraded to Premier/Silver partner in the foreseeable future).

The company is a focused engineering company whose reputation is built on forging a partnership with their customers and have a good customer base from Small to Medium size Business’, to Blue Chip Clients.

This established and successful business offers many valuable services to companies, from network audits through to network support. They follow the “Lifecycle” methodology which ensures that the customers get solutions which are endorsed by an approved Cisco approach.

There is a great opportunity to forge partnerships with other suppliers and would be an ideal bolt on for a company with these alliances in place, who would like to acquire the Cisco partnership and an established client base. Alternatively this offers a great opportunity for an individual to enter this lucrative market place and expand on this established name and existing client base.

Years established: 2006

Employees: In addition to the owner there are two full time staff for the administration and general office duties.

Property: Leasehold


Lease terms
Leased Premises

Location
As a home run business there is the opportunity to locate this business to the convenience of the buyer.

Expansion potential
This is a highly profitable business with huge potential to expand further and to increase sales through marketing and advertising, which is not utilised at present, as current sales are obtained purely through repeat and referred business. The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.

Competition / Market
There is currently no advertising or marketing, however strong word of mouth recommendation is key to the success of this longstanding business. With a more focused approach to sales and marketing there is little doubt that significant growth could easily be established.

Support & training
The current owners will provide all necessary training to ensure a smooth transfer of the business to the new owners.

Reasons for selling
The business has grown faster than the owner expected and now needs to go to the next level, which the current owner does not feel he is able to do without greater resources.


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