Managed Services Company
This service-oriented business provides full, managed back-office support contracts and training products to institutional clients. The company ensures fiscal compliance and assists with maximizing available revenue. All of their managed service clients are on long-term 3-year contracts, which provides a consistent and predictable revenue stream.
Operating in a niche market, they have differentiated themselves from the competition by constructing their service offerings around the direct needs of this growing market. This leaves massive room for further growth and expansion into markets outside of Texas. The main competitors in this market are small one-person firms who provide only a portion of the service offerings provided by the company.
The team operates remotely from a virtual office, which minimizes overhead cost and has allowed the company to attract and retain top end talent throughout the state. The outstanding team, increasing government oversight, and growing industry make this business a must own for accountants and financial professionals looking to turn a healthy profit.
Asking Price: $700,000
Discretionary Earnings: $233,123
Gross Revenue: $940,236
Real Estate: N/A
Key Points for this Business
1. Multiple products and revenue streams
2. Home based
4. Long-term contracts in place