Business Reference: BMB10604
Location - London / Home Counties
Turnover - circa £150,000 PA
BuyMyBiz is exclusively retained to find a purchaser for this established IT support and maintenance business. Established for nearly 20 years, the business provides high quality technical support to residents and small businesses. Currently run by two business partners, the business is ready and prepared for expansion and its next phase of growth.
Potential for organic or franchised growth
Current services include:
PC & Laptop Repairs
Bespoke & Refurbished Computers
Virus & Malware Removal
Network & WiFi Support
Annual Support Contracts
Home & Business Call-out Service
The business is a high margin service business, currently providing the owners with combined annual discretionary earnings in the region of £100,000 p.a. from a turnover of circa. £150,000. Approximately 50% of turnover is contracted and recurring annual maintenance contracts, with the balance being generated from one off projects.
REASON FOR SALE
After running the business for many years, our clients have relocated to a location that isn’t a suitable commute long-term. They believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.
Recurring Income Business
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
Solid Goodwill & Reputation
Established Brand & Business Process
Recurring / Contract Business Model
Opportunity to Franchise Business
Exciting Growth Potential
To register your interest in this business and request further business and financial information, please click on the 'Sign Digital NDA' link below and complete the questions.
PLEASE NOTE WE ARE NOT AUTHORISED TO RELEASE ANY FURTHER INFORMATION ABOUT THIS BUSINESS WITHOUT A SIGNED NDA - Click link below to complete NDA.