703872 - IT Managed Services Company

We have for sale a business providing managed IT support for small to mid-sized companies in California. In addition to support, they also resell IT products (hardware/software) and provide project work to their customer base. The business has grown to a stage where it demands most of the owner's time. With young children, he's motivated to sell and regain time with family. Location - Southern California Acquisition Highlights: - Owner to stay on post-sale - 60%+ MRR - Average retention of 9 years over entire client base. 15+ years for the top 5 clients. Financials are Trailing Twelve Month as of 12/31/2023.