Reply to TV Ravichandran <r...@global1company.com>
Dear Partner: Appreciate if you could pass the following information to the interested people, thanks for the help. *IT Companies Buyers:* There are many interested buyers looking to buy IT Companies, with any condition and with revenue anywhere from $1,000,000 to $300,000,000. *IT Companies Sellers:* Following are some of the IT Companies that are available for acquisition: *1. NJ Company* with IT Staffing - Around 55 employees on billing and 23 confirmed future employees (new H-1B’s and bench) - Total Revenue around $7,650,000 - Around $1,300,000 Gross Profit. Direct Clients. Looking for $2,500,000 as sale price. Open for an investor to bring $1,000,000 and take 50% of the ownership in the company. Then grow the business to $15,000,000 in 3 years and then cash out. Looking only for serious buyers who can provide binding LOI with a good faith deposit along with proof of funds. *2. NJ Company* with IT Staffing - Around 65 employees on billing - Total Revenue around $8,650,000 - Around $1,500,000 Gross Profit. Direct Clients. Looking for $3,000,000 as sale price. Already refused an offer for $2,250,000. Wants only $3,000,000. Looking only for serious buyers who can provide binding LOI with a good faith deposit along with proof of funds. *3. NJ Company* with IT Staffing - Around 18 employees on billing and 14 confirmed future employees (14 new H-1B approvals in this year quota)- Total Revenue around $2,000,000. Expected revenue $4,000,000 - Around $280,000 Gross Profit and expected gross profit $480,000. Looking for partner who can take 75% of the company by investing $500,000 and to support financially to continue run the business. Has interesting other business also in the education domain, helping US Universities to get students from India. *4. TX Company* with Direct Clients, Managed Services and Application Development projects - Around 7 employees - Total Revenue around $1,000,000 - Around $110,000-120,000 Gross Profit (before tax advantaged measures). Will continue to stay on and provide support for a period of time as necessary. Looking for $600,000. Company is in business since 1994, typically profitable on a pre-tax basis, small, 6-7 people. Company is primarily consultants, custom application developers and managed services providers, have worked in many different industries and have a very loyal and varied customer base. SQL and .NET Development, Web Design, Lotus Dominos and Lotus Notes, Hosting and Co-Location. *5. CA Company* – General Staffing (Healthcare / IT / Industrial). Temporary and Direct placements. Revenue around $750,000. Cash Flow $50,000. Established in 2007. Wants to pursue other interests. Looking for serious buyers with good offer. *IT Companies Sold: (FYI)* Following are some of the IT Companies that got acquired recently: *1. CT Company* with IT Staffing - Around 13 employees on billing - Total Revenue around $2,000,000 - Around $280,000 Gross Profit. One Direct Client. Sold at 1.5 years gross margin for direct client placements and 1 year gross margin for vendor placements. *2. PA Company* with IT Staffing - Around 35 employees - Total Revenue around $5,000,000 - Around $1,000,000 Gross Profit. Direct Clients. – Sold at 15 months gross margin in cash and 6 months gross margin in shares. Owner joined the buyer to continue the operation. Win-Win Deal. *3. TX Company* with IT Staffing and Direct Client - Around 15 employees - Total Revenue around $2,000,000 - Around $300,000 Gross Profit. - Sold at 15 months gross margin in cash and 6 months gross margin in shares. If you would have come across any IT Companies that you tried to take over and it did not workout, please pass the information about those companies to me. I may have buyers for them. Appreciate this help. Ravi Richardson TX Phone 469-444-0560 *r...@global1company.com <r...@global1company.com>* www.global1company.com *NOTICE: Access to this E-mail by anyone other than the intended recipient is unauthorized.* *You must consider information contained in this email to be proprietary, confidential and may be subject to legal privilege. If you are not the intended recipient, you must not use, copy, distribute or disclose the email or any part of its contents or take any action in reliance on it. If you have received this email in error, please notify us immediately.* -- -- *************************************************************************************** For all SAP related tutorials,Articles,Faqs,Tips www.sapbrainsonline.com **************************************************************************************** You received this message because you are subscribed to the Google Groups "sapbrains" group. To post to this group, send email to sapbrains@googlegroups.com To unsubscribe from this group, send email to sapbrains-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/sapbrains?hl=en --- You received this message because you are subscribed to the Google Groups "sapbrains" group. To unsubscribe from this group and stop receiving emails from it, send an email to sapbrains+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
<<attachment: cBizOne.vcf>>