Managed Service Provider, Recurring Revenue, Cyber Security SpecializationListing: #SV00177
About this Business for sale in Greater San Francisco Bay AreaManaged Service Provider, Recurring Revenue, Cyber Security Specialization
This California based MSP has an exceptional reputation with clients as they transform their clients IT Department & Infrastructure from an operational cost and frustration to a key driving factor in net profit and strategic advantage to a business. It’s team of skilled engineers and architects provide top to bottom, full scale IT Management & Consulting, thus the client does not need any in-house IT staff.
Its specialization includes Cyber Security, Network Infrastructure, Cloud Infrastructure and Security Management in the following industries Manufacturing, B2B Enterprise, Agriculture, and Financial and Insurance. They enjoy a stable client base with recurring revenue stream that’s highly attractive for the interested buyers. All clients have a Managed Service Agreement in place from the beginning of their engagement that auto renews every year without the need for a new agreement. The business has a long track record of success with deep client relationships throughout the region.
The founder is fully committed to a smooth transition and will make every effort to train the new owners and bring them up to speed on current project engagements and transition client relationship as required.
*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.