IT Service For Sale - Santa Clara County, California
Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| Location: |
Santa Clara County |
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| County: |
Santa Clara |
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| City: |
None Given |
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| Contact Broker: |
Chuck Mondave
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| Primary Phone: |
408-836-8840 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email Advertiser |
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| Date Started: |
8/3/10 |
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| Date Last Revised: |
8/26/10 |
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| BizBen Ad #: |
155749 |
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| Financial Information |
Detailed Information |
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| Price: |
$2,500,000 |
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| Down: |
$400,000 |
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| Revenue: |
$6,000,000 |
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| Adj. Net: |
$1,000,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Santa Clara County IT Service Business For Sale:
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Company offers data center equipment, lab equipment and engineering services. Sales are split between services and equipment. Customers include large IT equipment vendors in Northern California. Family owned company is run semi-absentee. Revenues have grown from 0 to over 6M in 6 years.
The company is a leading B2B Value Added Reseller (VAR) providing IT Procurement and Business Services to medium and large IT equipment vendors. Owners started business 6 years ago when they realized that large IT equipment vendors where trying to outsource their lab equipment installation and maintenance work. The business started out of a garage in their home at that time.
This business is currently run semi-absentee by the two owners. Headquartered in the heart of Silicon Valley, the company provides a wide range of IT consulting, hardware and software solutions that leverage its strategic partnerships with the industry-leading manufacturers and distribution channels. Owners are selling the business because they want to pursue other business interests.
Owners willing to finance some of the purchase price ... contact us for details.
SBA Financing Requirements:
* The borrower must have experience running a similar business.
* Global debt service coverage of at least 1.25x.
* Collateral close to 1:1 coverage.
* Borrower must be in good credit standing.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
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Call Chuck Mondave Broker at 408-836-8840 (Please Mention You Saw This Ad On BizBen)
About This IT Service Business Opportunity For Sale in Santa Clara County.
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Click here for all links related to this Santa Clara County IT Service For Sale
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Keywords For This Business For Sale: santa clara, it, chuck mondave
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