IT Management Company with $240K in RMR - Business for Sale
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IT Management Company in Twin Cities, MN
Twin Cities, MN, US
Added 1 month ago
IT Management Services
An IT management company in the Twin Cities, Minnesota, offering technology services and products with a focus on recurring monthly revenue.
Key Information
Asking
$4.5M
Revenue
$16.0M
Earnings
$1.3M
Multiple
3.5x
Key Highlights
- Business has been established for nearly 30 years.
- Team consists of 39 employees: 6 in Operations, 4 in Admin, 10 in Sales, and 19 in Service.
- Client base includes over 450 clients; 288 purchase $1,000+ per year, 122 purchase $10,000+ per year, and 24 purchase $100,000+ per year.
- Business operates from an 18,000 sq. ft. building (9,000 sq. ft. warehouse/production, 4,500 sq. ft. office, remainder rented to tenants).
- Assets included: $161,000 in equipment (PCs, notebooks, servers, SANs, network gear, warehouse equipment, office furniture & fixtures).
Contact Info
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