Looking for a buyer.
Focused on government agencies, this administrative support and program management company has been providing support for clients such as the DOD, DOT, and DOL across the US for over 10 years. Their highly trained staff is made up of 1 Controller, 1 In House Counsel serving as HR and Foreign Security Officer, 1 Business Development Representative, and 3 Admin, along with roughly 70 billable contract staff. With this team in place, they are able to perform a variety of services, including admin & personnel support, program management, office automation, travel office support, IT support, imaging, electronic document/records management, systems installation, software development, and training support services. Of these services, the key focus is on Government Services Provider of: Administrative Support (50%), Program Management (15%), Logistics (32%), and IT Consulting (3%). This business operation is very similar to a staffing agency. While there are two owners currently, one is basically just oversight and would not need a replacement moving forward, and the other is willing to stay on board for 3-4 years post-close to ensure a smooth and successful transition and ongoing growth. Overall growth opportunities include expanding on the current potential for IT contracts, a great opportunity for a tech business to expand their services and expand their client base into the government sector. The working capital of nearly $400,000 will be given to the buyer and, with the low equipment needed, capital expenditure is nil. Priced at $2,815,000, this business is perfectly positioned for a buyer to step in and continue the already consistent year over year growth trends. As a show of good faith, the current owners are happy to carry 10% of the note as a seller carry PLUS roll equity for an additional 10% if desired by the buyer. This is to help prove their vested interest in the ongoing success of the company.

listing type
exclusive representation
Business Services
White Plains, NY, USA
proposed price
owner financing
working capital
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