Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. It Services; Voice And Data Comms, Managed Services, Virtualisation, Cloud Services, Hosting, Securi

LISTING DETAILS
Firms For Sale ID:
33155
Vendor reference:
IU172
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£450,000  
Turnover / revenue:
£736,337
Net profit / cashflow:
£85,618
Years established:
15
Trading hours:
Core business hours 9-5pm Monday – Friday, but proactive monitoring occurs 24/7 and clients are able to contact the duty helpdesk engineer out of hours as needed.
Number of employees:
11
Employees / staffing:
Owner plus 3 x 1st line IT support engineers, 3 x 2nd Line IT support engineers and 3 x 3rd Line IT support engineers. 2 x job share administration staff.

OTHER DETAILS
Reason for selling:
the current owner wants to pursue other interests.
Support and training:
The owner is willing to stay as long as required to facilitate a smooth handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current rental of £22,657 p.a, Rates £432p.a (currently benefitting from Small Business Rate Relief), on an extendable 5 year lease with three months contractual notice required to quit.
 
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BUSINESS DESCRIPTION
IT Services; Voice and Data Comms, Managed Services, Virtualisation, Cloud Services, Hosting, Security
Ref.IU172
Location Docklands, London
Asking Price £ 450,000
The company was formed in 1998 and has grown rapidly to be one of the UKs most respected groups offering a diverse portfolio of services to a blue chip client base that ranges from SMEs to FTSE 100 companies and some third sector (charity) organisations.

With roots back to an Investment Bank’s internal IT department, the company offers businesses everything that an internal IT department would provide and some more in depth specialities.

The primary activities of the company are:

IT Services – IT Support (Onsite, Telephone and Remote), Consulting & Strategy, Architecture, Disaster Recovery / Business Continuity Planning, Fully Comprehensive Support (Managed Services) & PAYG support, Project Services, Purchasing, VIP Support.

Cloud Services – Hosted Exchange, Office 365, Citrix, Mimecast, Domain Registrations, DNS, Windows and C-Panel (Linux) Web Hosting, Srever and Workstation Remote Backup, DR backups, SSL Certificates, Spam Filtering and Email Relay (SMTP) Services.

Hosting - Premium Data Centre Co-location and Rack Space, Bandwidth & BGP Networking, IP Allocations.

Security – Network Firewall Installation and Maintenance, Penetration Testing, Vulnerability scanning, PCI compliance, Application Level (L7) Firewalls.

Voice and Data Comms:

Voice – Fixed Line, Mobile, ISDN & SIP VoIP Trunks, PBX installations and Maintenance (including Aastra, Elmeg / Funkwerk, Panasonic, Vertical) for offices and call centres.

Data – ADSL, FTTC, Data Centre and Leased line (Fibre) & Satellite broadband services & associated router and firewall configurations. Wired (Cat5e & Cat 6, Fibre) Structured cabling installations and Wireless Network Installations.

Memberships and accreditations:

The company has over the years has earned and amassed a number of memberships and acreditations including but not limited to:

• Member of RIPE (European IP Address Management)
• NOMINET .UK Domain Registrar
• Microsoft Silver Partners,
• HP Partners,
• IBM Partners,
• Fujitsu Select Partner,
• Citrix Silver Partners,
• VMWare Partners
• StorageCraft MSP Partners,
• Ruckus Networks Big Dog Partners,
• Vyatta Reseller,
• Watchguard Certified Partners,
• Cyberoam Partners,
• OFCOM Acredited Telecoms Dealer,
• O2 Approved Stockist,
• EE (Orange, T-Mobile) reseller,
• Member of the Federation of Small Businesses.
• Kaseya Managed Service Partner

Expansion Potential
The company has grown thus far organically by reputation and referral and would benefit from an active marketing campaign. The current owner has run this successful business more as a life style choice and with a more proactive approach the company would see an upturn in profits.