20-Year MSP: 80+ Healthcare Clients, High-Growth, Scalable

Tolland County, CT

Seller Financing Available

listing image
Sale Pending
Asking Price:$997,000
Gross Revenue:$1,016,818
Rent:$1,463/Month
Cash Flow:$367,016
Inventory:$21,000
Established Year:1998
BUSINESS DESCRIPTION

Attention technology investors and entrepreneurs! Are you ready to seize a golden opportunity in the thriving IT services sector? We're excited to present an exceptional managed services provider (MSP) that's ripe for acquisition and poised for exponential growth.
## A Two Plus Decades of Excellence
This well-established IT services company has been a cornerstone of the Greater Hartford area for over 20+ years, building a stellar reputation and a loyal client base. With a focus on healthcare organizations, dental practices, and small businesses, this MSP has carved out a niche in a sector with ever-increasing demand for technology solutions.
## Key Highlights
**Diverse and Loyal Client Base**: Serving approximately 80 different customers, this company has successfully diversified its revenue streams, ensuring stability and reducing risk.
**Skilled and Dedicated Workforce**: The business boasts a team of 6 full-time employees, including two experienced partners, all of whom have been with the company for over two years.
**Strategic Location**: Excellently situated to serve clients across Hartford, New Haven, and Springfield areas.
**Profitable Operations**: This business has demonstrated consistent profitability, with revenue trends showing upward movement over the past few years.
## Comprehensive Service Offerings
This MSP provides a full suite of IT solutions tailored to meet the unique needs of its clients:
1. **Managed IT Services**: Proactive maintenance and support programs ensure optimal system performance and security.
2. **Backup & Disaster Recovery**: Advanced technologies safeguard client data against loss.
3. **HIPAA & PCI Compliance**: Specialized audits and support to help organizations achieve and maintain compliance.
4. **VoIP Phone Solutions**: Cutting-edge communication systems to improve business efficiency.
5. **Cybersecurity Solutions**: Robust protection against evolving digital threats.
## Growth Opportunities
1. **Service Expansion**: Potential to introduce new IT services, capitalizing on emerging technologies and market trends.
2. **Geographic Expansion**: While well-established in the Greater Hartford area, there's room to expand services into neighboring regions.
3. **Strategic Partnerships**: Opportunities exist to form alliances with complementary businesses, potentially leading to new client acquisitions and service offerings.
## Why This Opportunity Stands Out
1. **Established Brand**: A Two Plus Decades of operation has built a strong reputation in a critical industry.
2. **Skilled Team**: A loyal, experienced workforce is already in place, providing continuity and expertise.
3. **Growth Potential**: The ever-expanding IT sector offers numerous opportunities for further business growth.
4. **Low Overhead**: With minimal inventory requirements and no vehicle or equipment leases, this business maintains low operational costs.
5. **Scalable Model**: The company's service-based model allows for easy scaling and expansion into new markets or service offerings.
## Ideal for Multiple Buyer Profiles
This opportunity is perfect for:
- **First-time buyers**: IT professionals looking to own their own business
- **Strategic buyers**: Technology companies seeking to expand their service offerings or geographical reach
- **Private equity firms**: Investors interested in the growing IT services industry with potential for high returns
## Industry Affiliation and Growth Resources
The company belongs to a prestigious organization dedicated to the success of the MSP community, with over 20+,000 business owners in 38 countries. This affiliation provides access to a marketing automation platform that has helped numerous MSPs achieve phenomenal revenue growth.
## Smooth Transition Guaranteed
The current owners are committed to ensuring a seamless transition, offering necessary support and training to set the new owner up for success.
Don't miss this chance to acquire a thriving IT services company!


DETAILED INFORMATION
Location
Tolland County, CT
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Financing
Owner Terms:$200,000.00 Interest:8% Term Months:36 Monthly Payment:$6,267.27
Support & Training
Training Support Included.
Reason for Selling
Retirement
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Gavin
Kadaba
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Gavin Kadaba