For Sale
$1,260,000

600 4Th St Chaska, MN 55318

Recurring revenue, strong client base

Overview

Added:
Dec 11, 2024
Days on market:
132
This established Minnesota-based IT services business is offered for sale at $1,260,000. Generating $900,164 in gross revenue and $207,750 in Seller Discretionary Earnings (SDE), this company boasts a strong recurring revenue model with over 80% derived from long-term client contracts (averaging three years). The business specializes in wireline and mobile spend management, serving diverse industries including manufacturing, healthcare, pharmaceuticals, energy, and dental care. The sale includes $8,146 in furniture, fixtures, and equipment (FF&E). Seller financing of $126,000 at 7% is available. The current owner, working 40 hours per week, is retiring after 34 years, offering eight weeks of support and training to the new owner. A non-compete agreement covers a 1500-mile radius for three years. The business operates from a location in Chaska, Minnesota (600 E 4th St, 55318) and employs five people, including one manager and four full-time employees. This presents a significant acquisition opportunity for an executive or company seeking to expand their operations in IT managed services, telecommunications expense management, or telecommunications agency services. The business's strong track record, recurring revenue, and deep industry expertise make it an attractive acquisition target in a growing market.

Highlights

  • Established Minnesota-based IT services business for sale at $1,260,000.
  • Generates $900,164 in gross revenue and $207,750 in Seller Discretionary Earnings (SDE).
  • Strong recurring revenue model (80%+ from long-term contracts).
  • Includes $8,146 in furniture, fixtures, and equipment (FF&E).
  • Seller financing of $126,000 at 7% available.
  • Located in Chaska, MN (600 E 4th St, 55318) and employs five.

Property Details for 600 4Th St

Property type
Commercial real estate

Location Insight

City
Chaska
County
Carver
State
Minnesota
Latitude
44.787551
Longitude
-93.5924223

FAQs

What type of property is this?
Commercial real estate - Recurring revenue, strong client base
Where is the commercial real estate located?
The property is located at 600 4Th St Chaska, MN.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: Established Minnesota-based IT services business for sale at $1,260,000.; Generates $900,164 in gross revenue and $207,750 in Seller Discretionary Earnings (SDE).; Strong recurring revenue model (80%+ from long-term contracts).
How can I contact the broker?
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600 4Th St
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