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$350,000
Sold For
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$318,952
Revenue
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$195,413
Discretionary Earnings
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No
SBA Financing
IT security audit company that also sells customizable security policies for a variety of industries. $319k sales and $195k Discretionary Earnings is offered for acquisition with SBA financing. The business is pre-approved for 10% down at 6% SBA financing for qualified buyers.
The company provides a wide range of security audit, security consulting, risk management, and asset protection services. With CISA Certification, the company performs certified audits and assessments across a wide range of industries for companies of all sizes as well as for governmental entities. The company also offers customizable security templates for purchase by its clients as a one-time purchase or on a subscription basis.
The company has had steady sales and the owner-seller has built a company with excellent infrastructure and procedures. The owner’s attention to detail, efficiency, development of policies and procedures, and quality workmanship has created a reputation amongst the clients where the company’s high-caliber deliverables are expected.
Summary:
- Offered at $360,000
- $319,000 in sales
- $195,000 Discretionary Earnings
- $54,000 Down w/SBA Financing
- Work From Home Office
Services:
- Network Security Audits
- Web Application Security Audits
- Administrative Safeguards and Risk Management Audits
- Privacy Audits
- Customizable Security Templates
Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be capable of and willing to obtain CISA certification to perform certified audits. A background in cybersecurity is required.
The owner is CISA certified and will keep his license with the business for 3 months while the Buyer obtains their certification, if necessary. The Seller will provide training for 6 weeks.
Reason for Selling: Retirement
Inquiries from principals only
Financial Summary
Summary | 2019 | 2020 | 2021 |
Revenue | $363,539 | $363,987 | $318,952 |
Cost of Goods Sold | $10,240 | $12,913 | $4,821 |
Gross Margin | $353,299 | $351,074 | $314,131 |
Operating Expenses | $118,014 | $115,974 | $139,252 |
Net Profit | $235,285 | $235,100 | $174,879 |
EBITDA | |||
Owners Benefits | $78,347 | $75,887 | $20,534 |
Discretionary Earnings | $313,632 | $310,987 | $195,413 |