Computer Services
www.GlobalBX.com
Listing ID:
700280393
Listing Title:
Computer Services
Quick Link:
http://www.globalbx.com/listing.asp?bId=280393
Industry:
Technology – Internet Related
Industry Segment:
Other Technology – Internet Related
Country:
United States
State / Province:
Hawaii
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$223,570
Cash Flow:
$135,320
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2005
Number of Employees:
1 - 3
Business Description:
A very profitable and fast-growing computer service, hardware and software re-sale company with over 15 years in the Hawaii market is offered for sale. They are focused on small/medium size businesses in need of software/hardware and full IT services in very profitable markets in Hawaii. They provide software, hardware, system configurations, maintenance, networking, Internet configurations, and complete technical support and application training. Their staff is fully qualified to deliver the expertise required to satisfy their client's needs and expectations.
They have become a significant player in offering cutting edge software systems to the hospitality and retail market segments, two of the largest and most vibrant markets in Hawaii because of Hawaii's strong tourist economy. They are exclusive dealers for state-of-the-art software systems, and this has provided annual service contract cash flow from these customers.
Key Investment Points
- They represent top national software and service brands in Hawaii
- Great success in re-selling Point of Sale systems and related annual service contracts to the restaurant and retail market – provides re-occurring sales.
- Diverse product/service offering
- High owner's profit margins – 60.5% in 2018
- All staff are independent contractors paid either hourly for service or on commission – low fixed cost
- Home based, in 2017 wrote off $17,889 of home expenses on business tax return.
- Over $50,000 in annual reoccurring service and subscription revenue.
- Earn enough to really enjoy living and working in Hawaii's paradise.
This Company has multiple revenue streams and a continuing penetration of the Hawaii market space and this has resulted in significant sales growth. They have also have been growing their re-occurring revenue, which are in the form of annual service contracts, which are paid upfront. This business is poised and setup for future success.
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