Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Whole Service It & Telecoms Company

LISTING DETAILS
Firms For Sale ID:
34626
Vendor reference:
IU182
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£750,000  
Turnover / revenue:
£650,000
Net profit / cashflow:
Undisclosed
Years established:
3
Trading hours:
The business operates between 9:00am and 5:00pm Monday to Friday but always manages any client issues out of hours whenever necessary.
Number of employees:
9
Employees / staffing:
The Managing Director is supported by 9x Full Time staff which includes administration and 4 x technical IT.

OTHER DETAILS
Reason for selling:
The business was invested in as a start up opportunity and this investor now wishes to realise that investment.
Support and training:
Full support and business familiarisation will be provided to the successful purchaser.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from leasehold premises of circa 2,200 sq. ft. The rent is GBP 27, 600 per annum with rates of GBP 6,960 and GBP 780 service charge. The lease is agreed on a short term agreement on license with 3 month notice.
 
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BUSINESS DESCRIPTION
Whole Service IT & Telecoms Company
Providing End to End client productivity
Ref. IU182
Location : Southampton
Asking Price : GBP 750,000
This business is a telecommunications and IT project provider. The company advises on IT, phones, mobile devices and general connectivity issues concerning many business, recommending solutions to offer a host of cost savings in this constantly changing market.

Established for 3 years the business has grown dramatically in the short time it has been operational. Professional and knowledgeable the business advises clients of any useful and cost saving solutions that can be made to update their services for a less stress free future.

Right from the start the business gets to know their client and their business, suggesting and applying the right technology, tailored to individual needs, ensuring clients have less to worry about while running their business.

Expansion Potential
The telecommunications and IT market is very dynamic and has to react quickly to change. This constantly changing technology ensures there is a constant demand for the services of this company to guarantee their clients are communicating and working as efficiently as possible.

The company has a direct sales force at present and it is understood that a greater investment in this activity alongside the more general awareness activities of the companys marketing, will increase scalable turnover dramatically. There exists also the opportunity for significant development of the companys existing account database for increased turnover and profitability.

Business operations are not yet at maximum capacity, and there is considerable scope to increase both revenues and profits by gearing operations in line with current and forecast market demands.

Market / Competition / Non-Competition Agreements
The professional website attracts many enquiries and showcases the business perfectly. The high profitability of the business is mainly as a result of word of mouth recommendations, and recurring contract work.

The direct sales team makes circa 200x calls per day
This averages circa 1.5 meetings a day
This activity then results in 30% successful new business wins