Ref: GAT2138
Gator Business Sales are pleased to be working with the owners of this highly regarded and profitable business.
Established in 2007 and incorporated in 2010, the company provides IT support and consultancy services to commercial clients in the south of England. The principal area of specialisation is with Apple products and the business is part of the Apple Consultants Network.
Clients operate in a variety of industries. All are contracted and pay a monthly retainer based on the number of users and services required. Additional revenue is gained via one-off jobs and projects.
An experienced workforce of engineers, marketing, and administration professionals will transfer with the sale. All are home-based, which means that the business does not have to maintain expensive bricks and mortar offices and there are no onerous leases to assign. One of the two current owners works in the business and invests 20 hours per week on average, predominantly in an FD/MD role.
Current trading is very strong and the directors forecast turnover to be at or around £500,000 for the financial year ending 31.12.23. Adjusted net profit is in excess of £100,000 per annum.
The acquisition will be of particular interest to an established IT consultancy or similar looking for non-organic growth, and/or to add Apple expertise to their portfolio of services.
Asking Price: £395,000
Trading Hours: The business offers support to clients from 8.00am-6.00pm Monday-Friday, plus occasional “emergency” support as and when required.
Location: The company operates from a Dorset base currently, but such is the structure of the business and employees, it is easily re-locatable anywhere within the UK.
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