Internet - Business Services (B2B) | Services - Computer & Software

Asking Price	$2,150,000	Inventory
Gross Income	$2,574,000	Real Estate
Cash Flow	$376,000	Year Established	1995
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

First Half of 2009 show continuing srong results for this firm despite the difficult economy. Total revenue for the six months exceeded $1.3mm withan adjusted net to owner of $286k. This firm has been a leader in information technology staffing and consulting since 1995. Its top team of full and part-time professionals deliver results for its Global 1000 clients through the design, development and implementation of leading edge enterprise technology solutions. The firm services a diverse customer base in a wide range of industries including financial services, health sciences, pharmaceutical, publishing and other. Gross revenues have been in the $2.6mm to $2.8mm range for the past few years, with an average annual net to owner in excess of $478,000 for that period. The $2,150,000 price assumes an asset sale, with net cash and receivables remaining with seller. Seller will consider a stock sale with an appropriate price adjustment.

Facilities: The firm is locate in a professional office building, well situated in a prime NJ area. Current rent is approximately $6000 per month.

Competition: The It consulting & staffing industry is a competitve market; but this firm has built an outstanding reputation with a diversified base of customers and industries served.

Growth/Expansion: The company's recent focus on the pharma and clinical consulting leaves much room for growth in a recession proof market segment.

Financing: Seller will consider some to qualifed buyer with substantial down payment

Support/Training: Owner/Seller will provide a reasonable transition period

Reason Selling: Owner seeking a change