Turnover: c. £900k
Gross profit: c. £300k
Industry: IT and Telecoms
Number of employees: 9
Well established Telecoms and Networking provider, trading for more than 15 years.
The Company offers an array of telecoms solutions, including PBX and hosted telephony to long standing clients all over the UK and with a concentration the SW, SE and Midlands.
The business takes pride in working with the biggest names in the telecoms industry.
Strong recurring revenue generated from long term contracts, generally for 6 years.
The business generates cca £600k / year from networking and leased lines alone with a 50% margin, while the additional revenue of c. £300k generated from hardware sales.
Suitable buyers could be telecoms companies or managed service providers who wish to strengthen the telecoms arm of their business.
The owner is involved in the day-to-day running of the business, assisted by a team on second tier management.
The owner is looking to sell in order to focus on different, non-compete business opportunities.