4 Yr old IT Services Business with 33% growth

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Under Contract


BizEx ID:BizEx1414-SL
General Location:Los Angeles, CA
Category: Business Services
IT Services
Years in Business:4
Under Present Owner:all
Hours of Operation:standard
Owner Hours:0 to 5 per week
Training:12 weeks @ 10 hours
Organization Type:LLC
Lease Expiration:n/a
Lease Options:n/a
Building Size:none
Reason for Sale:pursuing another career


Asking Price:$3,600,000
Down Payment:Negotiable
Gross Sales:$5,302,182
Discretionary Cash Flow:$964,944
Inventory Included?No
Min. Operating Capital:
Real Estate Available?No

2022 2021 2020
Gross Sales $ 5,302,182 $ 3,968,067 $ 2,505,013
Gross Profit $ $ $
Disc. Earnings $ 964,944 $ $


Opportunity to acquire a high-growth 4-year old US based IT Service business. The business develops custom software for clients or provides tech resources and teams that develop custom software for them. The company business model is based on what they charge clients for the work and how much they pay technical resources to complete that work. Two owners aren't involved much in the business, they have 4 team members that operate the business and manage the team of contract workers that caters to all aspects of software dev from product management and design, R&D, development, dev ops and QA.

- 33% revenue growth in 2022, 10% growth projected for 2023
- 4 year old company
- 1 year agreements with clients, 90% repeat beyond 1 year
- LATAM based contractors
- Tech stack agnostic
- 100% remote/virtual team
- Diversity is embedded in their company culture

For more information, visit Bizex.net to complete the Buyer Registration & NDA Contact: Steve Lukes at 310.871.2909 - slukes@bizex.net

Download Setup Sheet

Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

Steve Lukes
M&A Advisor / Business Broker
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 164
Direct: (310) 871-2909
Lic#: 02092334

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations