Businesses for Sale in Franklin, New Jersey
Franklin, New Jersey
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1 result for businesses in "Franklin, New Jersey"
Franklin, New Jersey
Business type, title, keywords or posting ID
1 result for businesses in "Franklin, New Jersey"
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Franklin, New Jersey
International MSP And Supply Group
$ 5,000,000
CF : $ 1,200,000
ProNova Partners is pleased to present a unique IT Services group for sale. The company operates under three distinct legal entities with operations in North America, Europe, and Asia. Interested Parties are encouraged to submit bids before the June 1, 2024 cutoff date. Management calls and additional disclosures are available upon request. The company primarily provides mission critical IT infrastructure to their enterprise clients. Additionally, the company has launched a managed service revenue line that has already reached approximately $1,000,000 in annual recurring revenue. The Company received a significant boost from the Covid pandemic and remains a valued partner to their clients. Opportunities for growth include cross-selling new service contracts, further development of lifetime hardware value, and unique reach into emerging markets. An executive summary, with the Company’s full service offering, products, and consolidated financials are available with a signed NDA. Teaser financials are taken from forecasted budget ending 2024. NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The Company executives are officed in Franklin, NJ, but company operations are international Competition: The IT services space continues to consolidate with many competing service offerings. Growth & Expansion: Extensive opportunity exists in partnering with enterprise clients in developing countries, adding additional managed services contracts, and further monetizing the IT Supply hardware lifetime. Financing: TBD if structure and terms are acceptable. Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Reason for Selling: Retirement
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