General Information

1. ID: 17089
2. Type of Business: IT Services - Government and Commercial
3. Location: Northern Virginia
4. Annual Sales Volume: $4,340,000
5. Cash Flow: $1,000,000

Description

This company provides IT services and solutions to both Government and Commercial clients. Experienced professionals with proven teamwork approaches apply cost effective solutions to meeting clients technology needs. Once engaged in the challenges offered by the clients, they are committed to accomplishing the clients goals. This is done with the clients specific budget and schedule in mind. Their services continue to expand to meet the changing demand in the IT community.

Clients are served in three main areas; 1. Information Technology Services 2. Telecommunications Engineering Services and 3. Business Services. The company began its operations more than a dozen years ago and in 2000 was certified as a participant in the US SBA’s 8(a) program. In 2002 they were awarded the GSA Multiple Award Schedule (MAS). As a small disadvantaged company, they continue to succeed by valuing employees, responding to customers and being efficient in solutions.

The company currently has $4.3m in secured contracts for each of the next 4 years and anticipates adding a further $2m or more to its annual revenue rate during 2008.

Additional Information

1. Furniture/Fixtures/Equipment: $0
2. Vehicles/Rolling Stock: $0
3. Inventory: $0
4. Accounts Receivable: $0 (if included)
5. Land and Building: $0 (if included)
6. Other Assets: $0
7. Current Liabilities to be Assumed: $0
8. Current Notes to be Assumed: $0

1. Asking Price: $3,750,000
2. Down Payment: $Negotiable
3. Terms:  

Contact Information

1. E-mail: info@novarsgroup.com
2. Web Site: www.NovarsGroup.com
3. Telephone: (703) 319-1565