Business Description

This IT staffing firm employs 33 consultants specializing in software development, information management, and software analysis and testing. Twelve consultants are US-based, while 21 are located offshore in New Delhi, India. Serving clients in transportation, medical, and financial industries, the business has a solid track record and a high cash flow of over $770,000 with no physical office space, resulting in minimal overhead costs. The retiring owner is offering to stay on for a year, provide financing for 15% of the purchase price, and roll equity of 15% to support the new owner's success. With a purchase price of $2,250,000, this business has strong profitability and growth potential, demonstrated by a 4-year upward trend. The owner works minimal hours weekly, and all operations are conducted remotely, which contributes to the business's high profitability. The established client base, boasting 100% repeat clients with an average tenure of over 15 years, adds to the business's appeal.