Revenue:
$3,721,873
Cash Flow:
$859,403
Region:
Other/Unspecified
Location:
Southeast
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Overview:

In business for almost two decades, this well-established IT company is known for providing IT consulting, design, implementation, and other services in a more professional manner compared to the existing competition. The company has expertise in healthcare and finance but are not limited to any specific vertical market.

Company Strengths:

  • Located in a beautiful, resort style community
  • Stellar reputation in their market
  • Strong cash flow; never had a losing month in 17+ years. This company has always been profitable!
  • No bid work; projects are rather won through consultative interaction with current and new clients
  • 90% of client base is local

Growth Opportunities:

  • Potential to easily enter adjacent markets
  • Expand key relationships in the financial sector to really grow that vertical
  • Clients embrace cloud services, thus continuing the increase of recurring revenues
Revenue:
$3,721,873
Cash Flow:
$859,403

Your Listing Advisor.

Ben Knight

Ben Knight

Managing Partner

A native of Richmond, VA, Knight graduated with a Bachelor of Arts in Economics from Hampden-Sydney College. He spent a year as an assistant football coach at Emory & Henry College before entering the corporate world.

Mr. Knight spent 20 years in the consumer products industry, working for a Fortune 100 company in sales and marketing. He started in an entry level position, and advanced through the organization to become Vice President of Sales where he was responsible for $750 million in annual revenue.

Next, Knight became Executive Vice President of Sales & Marketing for a small rigid packaging company in Los Angeles, where he led a once struggling company to grow from $27 million to $100 million in annual revenue in less than four years. However, the desire to own his own company caused Mr. Knight to research small companies for sale, particularly those located in the Southeast so he and his family could get back closer to their roots.

In 2007, working with Viking Mergers & Acquisitions, he acquired FASTSIGNS South Tryon located in Charlotte, NC. Next he acquired two additional locations for this franchise; Rock Hill, SC in 2009, and Matthews/Ballantyne in Charlotte in 2012. Through Knight’s leadership, he grew these locations to become one of the highest revenue generating groups of centers world-wide in the FASTSIGNS International franchise system.

Successfully selling these three centers in 2017, Knight decided to join with Viking Mergers & Acquisitions by opening a new location for them in Charleston, SC. As Managing Partner, he will help business owners and/or investors sell or buy a business in Berkeley, Charleston and Dorchester counties.

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