+94 77 123 4567 |  info@propertynbusiness.lk  |  Monday to Friday
+94 77 123 4567 |  info@propertynbusiness.lk  |  Monday to Friday

Mobile Services business for sale

  • LKR50,000,000

Overview

  • Building & Construction
  • Property Type

Description

Specialist IT Services Provider with Recurring Contracts

Profitable IT services business operating since 2005, delivering managed cloud solutions and technical support to healthcare, construction and education sectors. Strong recurring revenue model with 36-month contracts and exceptional client retention rates.

This is a highly profitable IT services business with over 20 years of proven market presence and exceptional financial performance.

Specialising in healthcare IT solutions, this established provider has built an enviable reputation for delivering custom cloud services, managed IT support and cybersecurity solutions to a loyal client base across recession-proof industries.

With 95% of revenue secured through long-term Service Level Agreements (SLAs) and a proven track record of consistent client growth, this business offers stability and predictability in a high-barrier-entry industry.
Annual revenue exceeding $1.2 million in FY24
GP Margin at nearly 39% in FY24
19 loyal, ongoingclients; over 5-year relationships (average)
95% of customers under 36-month recurring contracts
Top clients represent 55% of turnover, with 20x growth since inception
Annual revenue churn of only 5%, demonstrating exceptional retention
Specialised healthcare IT expertise in a high-barrier market
Lean 9-person team
175 sqm facility with $100-150k plant and equipment

Address

  • Address No: 403/B/2, Alfred Cottage, Muthurajawela Rd
  • Country Sri Lanka
  • City Ja Ela

Details

  • Price LKR50,000,000

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