Business For Sale Listing 152912
Passionate SAP/ERP IT Consulting Company
Status as of Dec-1-2008 at 06:00 PM: Off The Market
Business Summary
Company was founded in 1998, It is a national level IT consulting company specializing in enterprise level business application development; and, provides technical support to medium and large sized businesses (including Fortune 1000) in the areas of ERP (SAP) and data warehousing in North America. It also provides personnel for IT staffing and augmentation purpose.
Dedicated service and proven performance in select verticals and technologies make Company a leading SAP solutions provider. It holds high-end certified SAP resources in the areas of GTS, Aris and Solution Managers.
Company currently provides IT services to multinational clients from the financial, pharmaceutical and technology sectors. The contracts have been renewed year -over-year. Clients have been with Company with an average of 3 years plus.
Company has a back-end office in India which aids in the recruiting. At present, Company does not have any offshore presence. They have 50 billable employees.
Company forecasts steady growth and profitability for 2008 supported by new contracts, increased man-power and outsourcing opportunity.
Growth Prospects
· Company boasts of several Fortune 500 clients and it shares direct relationships with majority of their clients
· Company, with an outsourcing model implemented by an infusion of resources, could bid for bigger projects with greater returns
· Currently, existing direct clients seek the use of an offshore model, making it an immediate opportunity to grow Company
· 50% of Companies present revenue comes from SAP related business
· Managed services and recurring revenue are becoming an increasingly greater part of their revenue stream and business model
· Companies looking to gain presence in a key western market, this would be the perfect opportunity
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Industry
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Financials
| Sales: |
Between $5 Million And $10 Million ($6) |
| Profits: |
Between $1 Million and $2.5 Million |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed |
