Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Installation & Maintenance Of Computer Network Systems

LISTING DETAILS
Firms For Sale ID:
34816
Vendor reference:
IU183
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£600,000  
Turnover / revenue:
£944,000
Net profit / cashflow:
£167,000
Years established:
10
Trading hours:
Monday ā€“ Friday 9.00 ā€“ 5.00
Number of employees:
10
Employees / staffing:
The company employs 10 staff these include: x Installation/Maintenance Engineers, x Cabling Engineer, x Sales Manager, Accounts Manager, x Service Manager and x Part Time Staff. The current Owners also work full-time and they are happy to stay and handover as well as train the new owner. Their wages totally cĀ£56,000 are included within the costs of sales.

OTHER DETAILS
Reason for selling:
The owners have reached the age where they wish to do something else and handover the running of this successful company to somebody with energy and enthusiasm and focus to take it to its true potential.
Support and training:
The current owners will provide all necessary training, to ensure a smooth transfer of the business to the new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business head office includes individual offices, a separate meeting room, a workshop and substantial parking facilities. The property has a renewable lease expiring on 01/01/2019. The rental is currently set at circa Ā£13,000 per annum and rates payable of Ā£3,600 per annum. The company is ideally located within a business park near Uxbridge, with excellent access to the local area which it serves.
 
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BUSINESS DESCRIPTION
Installation & Maintenance of Computer Network Systems
Ref. IU183
Location : Middlesex
Asking Price : GBP 600,000
This company is expert in providing complete IT hardware, software solutions and maintenance. Their main clientele are blue chip in law, manufacturing, food and entertainment and they are invited to tender on a regular basis. The area covered is nationally within the UK.
They specialize in the supply, installation, management and maintenance of computer hardware from top brand channel partners such as Toshiba, HP, Sony, IBM and Compaq as well as their own brand hardware. They also provide a disaster recovery service.
Installation and configuration consists of software from Microsoft, Novell, Sage, Iris, Citrix, and Lotus among others, which enables customers to have all their requirements catered for with one company they can trust.
The hardware and software installation is complemented with a complete cabling service for any computers, telephones and data networks.
Software systems includes the companies own database, Sage accounting and Iris PAYE software.
Service split IT Support 30%, Back Up 30%, Hosting 30%, Professional services 10%

Expansion Potential
There is a huge potential to increase sales through marketing and advertising which is not utilised at present, as current sales are obtained purely through repeat and referred business.

The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.

Market / Competition / Non-Competition Agreements
Telemarketing, repeat business and customer referral.