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#1079 Full Service Technology Company

South Carolina (Richland County)

Services - Computer & Software

Asking Price $525,000 Inventory $35,000* 
Gross Income $860,726 Real Estate  
Cash Flow $141,981 Year Established 1992
FF&E $55,000* Employees 5

* included in the asking price

** not included in the asking price

Impressive Growth Potential and 10 Year SBA Financing Available!!! This full service information technology company provides solutions for computer networking, managed services, telephone systems, security and web design for small businesses. Approximately 80% of their business is with commercial accounts. The owner has surrounded himself with a staff of highly trained technicians and he will provide a new owner with training to ensure a smooth transition. The company is poised for growth as they have recently begun a program to provide Master Support Agreements to smaller computer dealers in the Carolinas as wel as a newprogram for providiing telephone carrier services to their existing and future clients through a telephone systems company they recently purchased. In 2010, these two programs will increase the cash flow on a continuing basis by $54,600 per year. THIS IS AN OUTSTANDING OPPORTUNITY TO PURCHASE A BUSINESS WITH AN ANNUAL CASH FLOW OF $160,000, WITH ONLY $116,000 DOWN AND RECEIVE $50,000 IN WORKING CAPITAL FROM THE BANK! Business is pre-approved for Bank/SBA Financing Sale Price $525,000 Down Payment (20%) $116,000 Seller Note (Fully Amortized) $53,000 Working Capital (provided by bank) $50,000Estimated Closing Costs $10,000 Total Project Costs $585,000 SBA Loan $416,000 Term 10 years Interest Prime + 2.75% (currently 6%) Monthly Payment $4,618 Call Greg White for details.

Facilities: 3400 sq. ft.

Financing: $116,000 Dn - preapproved for Bank/SBA financing

Reason Selling: Relocating

Business For Sale By

Greg White

704.676.0940

VR Mergers & Acquisition

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