IT Services Firm with Government Clients
Financial Details
- Asking Price:
- $1,800,000
- Annual Revenue:
- $1,150,557
- Cash Flow / SDE:
- $537,351
- Profit Metric:
- SDE
- Valuation Multiple:
- 3.3x
- Location:
- MA, US
- Source:
- Date:
- September 30, 2025
Key Highlights
Description
This is a well-established IT services firm with over 20 years of consistent profitability, specializing in long-term contracts with state government agencies. The company benefits from preferred vendor status on a statewide technology services contract, granting access to a select pool of qualified vendors and ensuring a steady stream of repeat business. With deep client relationships, a lean operational structure, and clear avenues for profit enhancement through business development and strategic rate adjustments, this business offers a stable and scalable platform within the government technology sector. The owner is committed to a smooth transition, offering up to two years of compensated training and flexible support arrangements. Growth opportunities include dedicated business development, rate optimization, and expansion into adjacent government markets.
Industry Information
- Industry Description:
- IT and Software Services
- Classification:
- Online & Technology
Operational Snapshot
- Year Established:
- 2001
- Employees:
- 7
- Reason for Selling:
- Other Interests
Real Estate & Lease
- Status:
- Not_included
Broker Contact
- Name:
- John Brice
- Company:
- BayState Business Brokers
- Email:
- [email protected]
- Phone:
- 617.562.5700
Listing Details
- Listing ID:
- 4d423a4e-43b4-495e-a4a7-71fc9c7cb91d
- Source Listing ID:
- 1882
- Deal Status:
- For Sale
- Date Posted:
- September 29, 2025
- Last Updated:
- September 30, 2025
- Currency:
- USD