Relocatable Business for Sale

Cheltenham, Gloucestershire

REF: S07500

Asking Price:
£120,000

Annual Turnover:
£113,779

Annual Net Profit:
£83,944

REF: S07500

Overview

Tenure:
Relocatable

Established:
2008

Huge growth potential
Friendly & Professional Team
Well Equipped Business

This is a great opportunity to take on a reputable IT consultancy business which benefits from two locations; homebased in Cheltenham and an office in India.

Since 2008, the company has been a well-liked creator of Data Warehouses, inclusive of CRM and Accounting systems, allowing businesses to monitor their progress and KPIs. As a Microsoft Business Intelligence Consultancy, it provides essential services such as data analytics to clients ranging from SOHO to corporate enterprises. Ultimately, they simplify technology for their clients and ensure they are ready for future technology changes.

A new owner is required to take over this flexible opportunity and reap the financial rewards.

The business is run by the owner from a homebased location in Gloucestershire, as well as an office in India operated by around 7 full-time employees.

This is a unique opportunity for someone to outsource work to India, benefitting from an already secured location and workforce. The owner would benefit from recruiting a team with the correct IT skills at 40% of the UK cost. The current owner states the work permit process to transfer employees from India to the UK would be extremely straight forward as this could be done via a company transfer visa.

An informative website, which is included in the sale, displays exactly what the business can offer its clients and essential contact details to discuss services further.

This is an ideal opportunity to take on a well-established IT consultancy business with a long list of clients and reliable, knowledgeable team.

A potential buyer would be an SME looking for a permanent IT outsourcing company, software development company or a larger company currently providing a similar service. For the business to be grown and to help simplify the transition, the current owner is happy to stay with the company on a consultancy basis for 1-2 years and even provide more consultants overseas if required. He has extensive industry experience and is well-versed in how the business operates in India, happy to work half the time in India and the other half in the UK.