Note: For more information about the business, please fill out our non-disclosure agreement using the following link - https://www.beaconbrokerage.ca/cnda-plus/
Established in 2011, this business provides strategic I.T. solutions and managed I.T. services to customers across the Greater Toronto Area. The business offers a wide range of services which include Software and I.T. systems installations, maintenance and repair, Web developing, and integrated cloud services. The business also generates revenue from the sale of computer and laptop accessories. Revenue streams are diversified and a large portion of the revenue is recurring. The business is highly profitable and has consistently generated a net margin of 25% or more over the last three years. The business has focused on building an integrated service model which is fundamental to their clients’ back end operations. Moreover, the business’ focus on service excellence has helped the business develop a loyal client base and generate new business from word-of-mouth advertising.
The I.T. Consulting and Software solutions industry in Canada is currently in its growth stage. The industry faces rapid technological change due to constant developments in cloud computing and software capabilities. While this will continue to generate tailwinds in the future, businesses must have strong foresight and adapt to changes in order to remain competitive.
This is an excellent opportunity for a private buyer looking to start an I.T. services business. Acquiring a business with an existing vendor network, a loyal client base, and an established Website, will significantly reduce the costs associated with starting a business from the ground. The acquisition opportunity is ideal for an entrepreneurial individual who is willing to be actively involved in the business.
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