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Computer & IT business for sale in Sydney

  • Computer & IT
  • Sydney NSW 2000
  • Offers Over USD$7M

Market Leading Technology Solutions Provider - Business Operations located in Hong Kong and China

Mentored Business Sales is excited to be offering this long-established market leading technology solutions provider with exclusive distributorship arrangements with iconic brands and an excellent customer base with solid recurring revenue and high EBIT.

Location Details
Located in Hong Kong and China. The Hong Kong office not only services local businesses, but is also a key supplier to major corporations in Macau and Taiwan.

Potential
The current management team have identified major areas of potential including increased sales to existing customers, developing new revenue streams and the introduction of new products. Each point has been defined and elaborated on within the Information Memorandum.

Employees
The Hong Kong and China locations both have solid management teams that are highly skilled and specialised. More details on the employment structure for this business can be found in the Information Memorandum.

About the Business
An opportunity exists to acquire 100% of the shares in a global technology company with exclusive reseller arrangements with the world's most respected companies. This company is the market leader in Hong Kong and China with a strong customer base consisting of predominantly blue chip corporations, with solid recurring revenues, and high EBIT.

The business has been operating in Hong Kong for over 20 years, and over 15 years in China. The business has strong, loyal customer relationships and leading-edge technology. It provides end-to-end solutions to its customers, who are highly diverse and very loyal. The business has a large portion of its revenue as recurring, and its installation and maintenance services enable effective customer retention management to organisations of all sizes with the average service contract period being 4 years.

The owners have identified a number of growth opportunities, with the business currently showing a strong sales pipeline with several large deals, making this an ideal investment.

For more information, please contact the undersigned:

Matthew Holland
Director | Business Sales Sydney
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0425 223 629 T: 1800 858 696 E: mholland@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 1794561 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business Highlights

Business ID2014064296
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Category
Last updated  7 Jan 2019
Map for Sydney NSW 2000
Mentored Business Sales
11/1 Chifley Square Sydney NSW 2000

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