Highly Profitable Managed IT Consulting Company With Strong Recurring RevenueListing: #PAE00007
About this Business for sale in East Coast StatesHighly Profitable Managed IT Consulting Company With Strong Recurring Revenue
This profitable IT Consulting, Managed Services, and Sales company offers a variety of Managed Services and IT Services to its customers. The Company prides itself on the high levels of customer care it provides. The majority of revenues result from Managed Service contracts providing recurring revenue. The Company offers Cloud and Data Center Services, as well as network monitoring, maintenance, infrastructure design, virtualization services, disaster recovery, and other SaaS solutions. It also sells tailored technology and software packages to its clients. The Company has a track record of strong profits and recurring revenues with over 115 clients in long-term service contracts. A strong regional competitor, the Company continues to grow at both the top line and bottom line.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.