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West Midlands IT Solutions Managed Service Provider For Sale, £1.2m Turnover

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    20/11/23

  • Advert ID

    602879

  • Reference

    154673 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,200,000 (£23,077 Per week)
  • Net Profit: £304,000 (26% Profit margin)

Key Features

  • Company for Sale

Business Details

Managed service provider of IT Solutions – based in the West Midlands

The company is a highly regarded Managed Service Provider of IT solutions and professional services to clients throughout the UK.

The business’s variety of solutions includes cyber security; user, systems and hardware support; turnkey projects; networking and firewalls; enterprise integration and gap; SaaS & IaaS solutions.

The company operates from leasehold premises with purpose-built and comprehensive data and power cabling.

Our clients are now offering the company for sale to facilitate retirement plans, following a negotiable handover period to ensure smooth transition.

Offers invited.

- Generated a turnover of £1.2m in YE23, with adjusted EBITDA of circa £304k.
- The company has already secured circa £700k, from annual client projects in YE24. 
- Maintained strong, long-standing client relationships throughout its time in operation, and has achieved preferred supplier status for some blue-chip clients.
- Operates across a variety of market sectors including finance, leisure, commercial, and education, with 50 active clients.
- Achieved partnerships with multiple industry leading organisations.
- Utilising its in-house wealth of experience the company has adapted to industry changes, offering bespoke system architecture and flexible working solutions.
- Potential to further capitalise on the technological advancement and culture shift towards flexible working solutions.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Managed service provider of IT Solutions – based in the West Midlands - 154673 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.