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Business For Sale : Profitable B2B IT Support Business
Location : Worcestershire
Relocatable Business
Asking Price: 120,000
The company was set up in 2003, initially as a sole trader. In 2004 it was converted into a limited company. The business is offered for sale as a going concern. All financial discussions will take place directly between the seller and interested parties. Estimated turnover for 2015/2016 is circa 78,000 with a gross profit of about 61,000 and a net profit before taxes of approx. 47,000. About 60% of the turnover is generated by regular monthly support and hosting charges to over 20 clients, the rest is ad-hoc support and other sales. The business has an excellent credit history and does not utilize any overdraft facility. It generates its own cash-flow requirements and does not require any outside input.
[Advert Ref: BFS:165168]

 
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