LARGE HARDWARE SOFTWARE COMPANY MIDLANDS BASED

Undisclosed, West Midlands

Status

FOR SALE

Date Submitted:

13/02/20

Advert ID

256253

Reference

13406 / Rightbiz
Freehold: £5,500,000
Annual Turnover: £3,000,000

The Opportunity

 

ETS Corporate is pleased to place on the market this successful company, a supplier of hardware, software peripherals and IT support services. It is based in the Midlands, although the client base is national.

 

The services are aimed at corporate, education and small to medium-sized business markets. The company has an established supplier and customer base with 84 plus active clients.

 

The Owners wish to work with a larger acquirer to realise the full potential of the business. They are prepared to look at the option of an earnout and all the Directors are willing to continue their present roles after a sale and to help grow the business.

 

The company has been established since 2007and has steadily grown to achieve a turnover of just under £3 million and an operating profit of around £230,000. The assets in the company include property and are worth in excess of £700,000. The turnover could easily be doubled with a larger acquirer.

 

 

The business is operated by the directors who are full-time hands-on in the business. In total there is 8 staff.

 

The unique selling points of the business are:

 

Pre/Post Technical Sales

Dedicated Account Management available around the clock

Technical Solution Architects

Single point of contact

 

Ref:    13406

Price: £5.5 Million plus net current assets

 

 

 

Disclaimer

These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.

 

Contact Agent
Advert Reference:
13406 / Rightbiz
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