Description of the business for sale
The Company is a full service computer network provider. Company s primary activity is designing, implementing, and supporting local area ( LAN ) and wide area ( WAN ) computer networks. Company provides cabling services and all hardware needed for configuration and installation. Once the installation is complete, the Company provides consulting and servicing for the installed network and charges one annual fee for services provided. The Company s industry of expertise is in servicing financial institutions.
GROWTH: Economically, this company represents a sound investment opportunity as a stand alone purchase, however, buyers that can bring substantial expertise or existing operations with capital assets and human resources can add substantial value to this attractive opportunity. There are substantial opportunities to expand into new geographic territories as well as growth opportunities in network penetration services, security testing services, and related products. This is a great business with exellent clients and great growth opportunity.
COMPETITION: Demand for IT services is driven by rapid technological advances. The profitability of companies in the industry depends on maintaining technical expertise and on good marketing. Small companies can compete effectively by specializing in market niches or by partnering with larger companies that want to offer a broad array of services. Only the large companies can provide outsourcing services to big corporate customers.
Support / Training provided by seller
Owner will stay on through transition period.
Description of the facilities
Company operates out of a production facility totaling 4,000 square feet. Rent for the property, paid to a third party, was approximately $58,000 in 2006. The Company has occupied the location since 1991.
ADDITIONAL FINANCIAL INFORMATION:
REASONS FOR SELLING: Retirement.
EMPLOYEES: Full-time / Part-time: 6 full-time.