Chicago MSP and Software Development Company for Sale - $650,000 Asking Price

This listing presents a well-established Managed Service Provider (MSP) and software development company based in Chicago, IL, seeking a strategic merger or acquisition. Founded in 1998, the company boasts a loyal client base of 35 businesses across the Chicagoland area, managing 80 servers and 400 nodes. Core services include managed IT plans, comprehensive software development, security assessments, remote monitoring and management (RMM), and onsite network support. Revenue streams are diversified, with 80% from maintenance contracts, 10% from time & materials, and the remainder from product resale (Microsoft, Dell, etc.). The company demonstrated strong financial performance, with $565,000 in gross sales in 2023 and a projected Net Operating Income of $225,000 for 2024. The experienced and dedicated team is committed to post-acquisition success and willing to stay on in key roles. The owner plans to retire in five years and is committed to a smooth transition, offering up to two years of operational support and potential seller financing. This presents a compelling investment opportunity for companies looking to scale and expand their market presence in the IT services sector.