IT Managed Services with 85% Repeat Client Base

Business Summary:
This MSP firm provides services including networkmanagement, cloud computing, cybersecurity, databackup and recovery, and help desk support. Theyoffer IT managed services including serverarchitecture and design, hosting, system backups,VOIP solutions, network design, dedicatedenvironments, platform hosting, shared servers, and24/7 monitoring/ crisis control services. Additionally,they offer IT based staffing services which is an addon service only offered to existing clients. Thecompany has an impressive 85% repeat client base,which speaks to the quality of their services and thetrust they have built with their clients. For more than adecade this IT business based in Omaha hasestablished itself as a reliable provider in the region,with a strong team in place of 3 IT engineers, 2 insales and 2 in admin. The owner of the business iswilling to carry a larger that standard, 25% of the saleand provide a 2-year transition as a sign of good faith.In 2022 the team earned their best year yet with anannual revenue over $8.7 Million and a 20% profitmargin! Their client scope ranges from small tomedium sized businesses with a focus in the bankingindustry. Growth opportunities for this business couldinclude expanding into a tech help desk service.Priced at $8,975,000 this business with an excellentreputation for never losing a client is poised to delivera stable and continually growing opportunity to thenew owner. This presents an attractive opportunity forpotential buyers looking to enter or expand in thismarket.