Businesses for sale Melbourne, Business Appraisals, Negotiation & Mergers, Melbourne, Victoria, Australia
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Listing Details

UNDER OFFER Established IT, Cloud and Data Communication Business

The Strategic Melbourne Opportunity
Operating from a professional office close to Melbourne CBD this IT, Cloud and Data communication business has earned a strong reputation among its client base as a reliable "one stop" solution provider for all their IT and Data communication needs. It has the majority of certification and technical expertise to deploy and support software, hardware, data communication and cloud platform from Microsoft, CISCO, Vmware, HP/HP Enterprise, Veeam etc.
Business Highlights:
• Turnover of between $4.5 million to $5 million annually for the last 3 financial years
• Revenues from supply of hardware and software, licensing, professional services, managed services, data communication and hosted "private cloud" solutions.
• A portfolio of high profile businesses included amongst 100 plus active clients
• Has its own private cloud infrastructure with capacity to support further growth
• Great opportunity to bolt on to an existing business
• Owners can stay on as part of transition and are open to longer term involvement
The Opportunity:
The business is an ideal "bolt-on" to an existing professional IT business with a strong sales and service capability.
Potential benefits:
• Tangible cost saving from integration into an existing operation
• Further revenue growth by tapping into the existing client base with additional services
• Introduce more users which will improve the utilisation rate of the existing "private cloud" infrastructure
Reason for Selling:
While the business is fundamentally sound, it has a number of internal management issues that impacted on the performance of the business recently. The owners are at the stage of life where they do not want to commit further resources. They have decided to offer the business (trading name, client base, intellectual properties and infrastructure etc) by seeking Expressions of Interests from parties with the capacity to take over the business.
Seeking Expression Interest above $500,000. Owners are realistic and will meet the market.

Other Details

Type: Business
Study: Yes
Furnished: Yes

Broker Details

Hurst Partners Business Brokers & Consultants
276 High Street,
KEW VIC 3101
Phone: 61 3 9813 8299

Contact: Choon Ng
Phone: +613 9813 8299

276 High Street KEW VIC 3101     ::     Tel : + 61 3 9813 8299