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IU121-IT Solutions, Network Support and Hardware Supply

Asking Price: GBP 500000
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Business Location: United Kingdom » Others » Pinner, Middlesex 
Category: Services » Computer Software Services
Description:
IT Solutions, Network Support and Hardware Supply
Confidentially offered for sale
Ref No: IU121
Location: Pinner, Middlesex
Leased Premises
Asking price: £500,000

Established since 2006, this is a specialist company in IT hardware supply, support maintenance and professional services. Focusing in Cisco services and solutions the buisness is a registered Cisco partner, (and hope to be upgraded to Premier/Silver partner in the foreseeable future).

The company is a focused engineering company whose reputation is built on forging a partnership with their customers and have a good customer base from Small to Medium size Business’, to Blue Chip Clients.

This established and successful business offers many valuable services to companies, from network audits through to network support. They follow the “Lifecycle” methodology, which ensures that the customers get solutions that are endorsed by an approved Cisco approach.

There is a great opportunity to forge partnerships with other suppliers and the business would be an ideal ‘bolt on’ for a company with these alliances in place, and who would like to acquire the Cisco partnership and an established client base. Alternatively this offers a great opportunity for an individual to enter this lucrative market place and expand on this established name and existing client base.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
620000
Net Profit: (GBP)
Total profit before taxes
250000
General Information:  
Business Area: N.A.
Year Established: 2006
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 2
Reasons for selling:
The business has grown faster than the owner expected and would now benefit from moving to the next level,. The current owner does not feel able to do this without greater resources.
Market competition and expansion:
Advertising and marketing are not currently undertaken, however strong word of mouth recommendation is key to the success of this business. With a more focused approach to sales and marketing there is little doubt that significant growth could easily be established.
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