Oct 7 in General discussion
I found an exciting business for sale in the IT services sector, working specifically with local governments. 🤔
Sounds complex? It’s actually a straightforward opportunity.
Let’s dive into the numbers:
Revenue:
2022: $1.72M
2023: $3.11M
2024 (TTM): $3.97M
2025 (projected): $5M
Earnings (Net Profit):
2022: $675K
2023: $1.54M
2024 (TTM): $1.93M
2025 (projected): $2.35M
Asking Price:
$8M
Multiple: 4.1x
This company has 30 skilled employees, and the best part? It’s fully remote! 🚀
The business has been growing thanks to its unique services for municipalities and has a solid pipeline of future projects.
Risk to consider:
60% of revenue comes from one client—diversifying this will make the business more stable.
Why I think this deal is promising:
There’s huge room for growth—expanding into more cities, offering new AI-based services, and even entering the healthcare IT space.
With the right strategy, revenue could skyrocket. 📈
Like this deal? Comment "IT" below to get more info on how to get this and other opportunities every week. 💼
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I found an exciting business for sale in the IT services sector, working specifically with local governments. 🤔
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