🧵 Just came across an exciting business opportunity for sale...

It's not your typical IT company. It’s a remote ERP service provider to municipalities across the US.

Let me break it down…

This business offers essential ERP implementation and system support to local governments. They’ve been growing fast since 2018, even during COVID-19, and there’s massive potential to scale.

Here’s why it’s a golden opportunity👇

Most IT service businesses struggle with competition.

But this one has some major advantages:

100% remote operation
Strong team of 30 skilled employees
A solid pipeline of new clients in the public sector

The top services include:

ERP implementation (85-90% of revenue)
Ongoing system support
Microsoft 365 solutions
Digital transformation & AI-based software

Let’s talk numbers.

Current revenue: $3.97M (2024 TTM)

Earnings: $1.93M

Projected 2025 revenue: $5M

They’re asking $8M, with an earnings multiple of 4.1x.

While one client currently makes up 60% of the revenue, the team has a strong upcoming project pipeline and plenty of ways to diversify income streams. Plus, their pricing is lower than competitors, making them very attractive to new clients.

Here’s the kicker:

They’re SBA eligible, meaning a buyer could get some solid financing options to make this deal happen.

The growth potential? Huge.

They’ve barely scratched the surface with 2,500 potential clients in the municipal sector.

The owner is ready to move on to new ventures, but the talented VP of Delivery is set to step into the CEO role, making this a smooth transition for any new owner.

This business can scale fast if you expand into new service offerings like managed IT services, RPA, AI, and IT recruitment. The public sector is ripe for more automation and support.

Best part?

You don’t need to have an IT background to own this business, just solid leadership and business skills.

If you’re looking for a profitable, low-risk IT business with strong foundations and massive room for growth, this could be the opportunity you've been waiting for.

Interested? Drop a comment “IT” for the full details.

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