Founded by the current owner in 1993, this outstanding computer consulting business has a diverse clintele and a recurring revenue stream. They provide a broad range of services including helping clients select hardware and software, installing and configuring new systems and networks, and monthly maintenance of client systems. Originally the sole technician, the owner has grown the business by committing resources to developing talented technicians with training opportunities that offer the techs higher levels of certification. The owner is willing to stay on for 6 months at a tech's salary to assist with the transition and participate in financing a deal. Additional financing is available for a qualified buyer from Wells Fargo SBA Lending. This is an outstanding opportunity for a buyer with an IT and/or sales and marketing background. Call Ray at 704-409-1876 for more details.
Bank/SBA Financing:
Sale Price $550,000
Buyer Down Payment (25%) $122,000
Working Capital (provided by bank) $50,000
Seller Note (fully amortized) $88,000
Estimated Closing Costs10,000
Total Project Costs610,000
SBA Loan400,000
Term 10 years
Monthly Payment $4,441