4 Yr old IT Services Business with 33% growth
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Background
| BizEx ID: | BizEx1414-SL |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
IT Services Software & Technology |
| 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 |
| Employees: | 71 |
| Reason for Sale: | pursuing another career |
Financials
| Asking Price: | $3,600,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $5,302,182 |
| Discretionary Cash Flow: | $964,944 |
| FF&E: | $0 |
| Inventory Included? | No |
| Inventory: | $0 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $0 |
| 2022 | 2021 | 2020 | |
|---|---|---|---|
| Gross Sales | $ 5,302,182 | $ 3,968,067 | $ 2,505,013 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 964,944 | $ | $ |
