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Technology & SoftwareSeller financingSBA 7(a) eligible
Managed IT Services (MSP), 90% Recurring
Greater Chicago, IL · Ref SBA-2026-0437 · FY2023–FY2025 + 2026 YTD
Financials verified by GoSBASBA 7(a) SBA approved3 yrs tax returns on file
Deal summary
Sticky managed-services provider with ~90% recurring contract revenue, a tenured technical team, and low churn. Relocatable / remote-capable.
$3,200,000
Asking price
$2.6M
Gross revenue (TTM)
$760K
Adjusted EBITDA
4.2x
Adj. EBITDA multiple
11 FT · 0 PT
Employees
2013
Established
Why this deal stands out
- SBA-Ready — SBA approved for 7(a) financing
- Verified financials (reconciled to tax returns)
- 90% recurring / contracted revenue
- Diversified — no major customer concentration
- Semi-absentee — management in place
- Seller financing available
- Cash flow growing year over year
Things to diligence
- Standard SBA diligence: lease assignability, licensing, transition plan
About the business
Company overview
Founded 2013, an MSP serving SMB clients with managed infrastructure, security, and helpdesk under multi-year agreements.
Product & customer base
~90% MRR; largest client ~11%; high net revenue retention.
Operations & team
11 FT engineers/account managers; documented processes; owner semi-absentee.
Growth opportunities
Add security/compliance packages, raise pricing, and acquire a smaller MSP book.
Financials
Financials are locked
The full business profile and financials are reserved for SBA approved buyers. Create your free account — a 2-minute financial profile shows your SBA buying power and unlocks every deal it covers, including this $3.2M business.
SBA approval is free and takes about 2 minutes. Detailed financials also require a signed NDA — sellers share their numbers only with buyers who can close.
What's included
- ✓Contracts & MRR
- ✓Tooling & IP
- ✓Technical team
- ✓Brand & systems
Questions & answers
Why is the owner selling?
Owner pursuing a software venture.
How involved is the owner day-to-day?
Semi-absentee — a manager runs day-to-day operations and the owner works on the business part-time.
What does the transition look like?
Owner supports 6–12 months; team retained.
Is there customer concentration risk?
No single customer exceeds about 11% of revenue, and roughly 90% of revenue is recurring or contracted.
Is real estate part of the deal?
The business operates from leased premises; the lease is assignable to a qualified buyer.
Data room
7 documents · NDA requiredCreate a free buyer account and sign the NDA to open the seller's financials and documents.
Buyer account required. Registered buyers can sign the NDA and open the data room.
Financials
3 filesProfit & Loss, last 3 years (sample)
PDF
Balance sheet (sample)
PDF
Tax return summary (sample)
PDF
CIM
1 fileConfidential Information Memorandum (sample)
PDF
Supporting information
3 filesEquipment & asset list (sample)
PDF
Org chart & staffing (sample)
PDF
Lease summary (sample)
PDF
Deal structure
How a standard SBA 7(a) purchase breaks down at the $3,200,000 asking price.
10%
10%
80%
Buyer down payment$320K
Your equity injection — 10% down.
Seller note$320K
Seller-financed portion, paid from cash flow over time.
SBA 7(a) loan$2.6M
Financed through GoSBA — 50 lenders compete, free to you.
Illustrative split of the purchase price at SBA 7(a) terms (10% down, 10% seller note). Working capital and closing costs are usually financed into the loan on top, so the actual SBA loan and monthly payment run a little higher — see the financing estimate below. Final terms depend on lender underwriting; a GoSBA advisor models your real numbers, free.
Due diligence to-do
What to verify before you close. Your GoSBA advisor and lender work this list with you, free.
- 1Verify the financialsReconcile three years of tax returns and the YTD P&L to the reported SDE and add-backs — your GoSBA advisor runs this with you.
- 2Pressure-test customer concentrationPull a customer-by-customer revenue breakdown. Reported top-customer concentration is 11%.
- 3Review the leaseConfirm the lease is assignable, plus the remaining term, rate, and any options to renew.
- 4Confirm licenses, permits & insuranceCheck that all trade licenses, bonding, and permits transfer cleanly to a new owner under SBA rules.
- 5Meet the team & plan retentionSit down with the manager and key staff. Ownership is semi-absentee with management in place — confirm who stays through the transition.
- 6Validate contracts & backlogReview the recurring/maintenance agreements behind the 90% recurring revenue and confirm they transfer.
- 7Lock the transition planAgree the owner's training/handover period and any non-compete — and your SBA financing timeline through GoSBA.
Deal Assistant
Instant answers · powered by AI
Hi — I'm your deal assistant. Ask me anything about Managed IT Services (MSP), 90% Recurring: the financials, whether it cash-flows, what's included, or how to make an offer.
Estimates only. Talk to your advisor →
How this listing compares
Benchmarked against same-industry multiples and recent comparable sales.
Cash-flow multiple vs. industry
1.8xThis listing: 4.2x6.0x
Priced above the 3.5x industry median.
Asking price vs. comparable sales
$2.2MThis listing: $3.2M$3.4M
Benchmarked against 2 recent comparable sales.
Recent comparable sales
| Business | Sold | CF multiple | Revenue | Margin |
|---|---|---|---|---|
| MSP | $2.9M | 3.8x | $2.3M | 60% |
| IT Services | $2.4M | 3.2x | $2M | 55% |
Greater Chicago, IL
Location & premises
- Approximate area
- Greater Chicago, IL
- Exact address
- Shared after NDA
- Premises
- Relocatable — can move with a new owner
- Industry
- Technology & Software · NAICS 541512
To protect the seller's confidentiality, the exact address and business name are released to buyers after the NDA is signed.
How buying this business works
A clear path from interest to close — your advisor guides every step.
- 1
Sign the NDA
One agreement unlocks the full data room.
- 2
Review the financials
Verified P&L, tax returns, and the CIM.
- 3
Meet the seller
An intro call with the seller and your GoSBA advisor.
- 4
Make an offer (LOI)
Submit a letter of intent on terms you set.
- 5
Finance & close
GoSBA arranges your SBA financing; you close.
Estimate your financing
Optional — model an SBA 7(a) purchase at standard terms. DSCR 1.36× at 10% down.
SBA 7(a) financing calculator
Stress-test the numbers at standard SBA terms. Estimate only.
Purchase price$3,200,000
Annual cash flow (SDE)$760,000
Your salary / draw$90,000
Down payment10% · $332K
Seller note10% · $320K
Interest rate10.25%
Debt service coverage
1.53×
Lender-preferred
Comfortably covers debt — lender-preferred.
- Cash to close
- $332,000
- SBA loan amount
- $2,741,163
- Monthly P&I
- $36,605
- Annual debt service
- $439,263
- Buyer take-home / yr
- $230,737
- Cash-on-cash
- 69%
DSCR by year (weakest shown on card)
2023
1.21×
2024
1.39×
2025
1.53×
Estimate only — subject to SBA SOP & lender underwriting.
Market overview
9.0%
avg. industry growth
SMB IT outsourcing and security demand continue to grow.
Source: IBISWorld IT Services, 2026
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