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Installation & Maintenance of Computer Network Systems For Sale
Advert Ref: IU119
Milton Keynes, United Kingdom

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Financials
Asking price:£1,300,000
Sales revenue:£1,226,000
Net profit:£236,000
Business description
This company are experts in providing complete IT hardware, software solutions and maintenance. Their main clientele are found within local authorities and local education as well as commercial business’ and they are invited to tender on a regular basis. The area covered is within a 90 mile radius of Milton Keynes.

They specialize in the supply, installation, management and maintenance of computer hardware from top brand channel partners such as Toshiba, HP, Sony, IBM and Compaq as well as their own brand hardware.

Installation and configuration consists of software from Microsoft, Novell, Sage, Iris, Citrix, and Lotus among others, which enables customers to have all their requirements catered for with one company they can trust.

The hardware and software installation is complemented with a complete cabling service for any computers, telephones and data networks.

Software systems includes the companies own database, Sage accounting and Iris PAYE software.
General information
Employees:The company employs 11 staff these include: 5 Installation/Maintenance Engineers, 1 Cabling Engineer, 1 Sales Manager, 1 Accounts Manager, 1 Service Manager and 2 Part Time Staff. The current Owner also works full-time and they are happy to stay and handover as well as train the new owner.
Trading hours:Monday – Friday 9.00 – 5.00
Property
Leasehold
Lease terms: The property has a renewable lease which runs for a further five years, expiring in 2012. The rental is currently set at circa £21,000 per annum and rates payable of £8,000 per annum
Location
The business head office includes individual offices, a separate meeting room, a workshop and substantial parking facilities.

The property has a renewable lease which runs for a further five years, expiring in 2012. The rental is currently set at circa £21,000 per annum and rates payable of £8,000 per annum.

The company is ideally located within a business park in Milton Keynes, with excellent access to the local area which it serves.
Expansion potential
There is a huge potential to increase sales through marketing and advertising which is not utilised at present, as current sales are obtained purely through repeat and referred business. The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.
Competition / Market
The only form of advertising is currently through Yellow Pages, repeat business and customer referral.
Support & training
The current owners will provide all necessary training, to ensure a smooth transfer of the business to the new owners
Reasons for selling
The owner has reached the age where they wish to retire and handover the running of this successful company to somebody with energy and enthusiasm and focus to take it to its true potential
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