| Asking Price |
$160,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$191,000 | Real Estate |
|
| Cash Flow |
$55,000 | Year Established | 1964 |
| FF&E |
$20,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
This is a well known franchise business where the franchiser offers superb support. The Seller will assist with the franchise transfer fee. The franchise covers all payroll expenses in advance and provides a net margin payment to the franchisee. That means working capital needs are minimal. The business owner and one other employee provide all services. The new owner ideally will be the sales manager keeping both current workers and continue to grow the business (that is the suggestion of the franchiser). No client makes up any large percentage of the base. A new owner must meet the franchiser criteria and attend a training session before assuming ownership.
Facilities: The office is rented at $1600 for 2600 square feet. It is fully equipped with four private offices and other rooms used for testing. There are desks, PC's, software, and other office equipment included. It is in an office park with parking all around. The office building is very attractive.
Competition: This is not the only staffing agency in town obviously, but it has a long history with a number of clients. The business provides full service to its clients including payroll for all taxes, insurance, etc.
Growth/Expansion: The business has opportunities to be in additional industies if desired.
Financing: Owner will consider to qualified individuals.
Support/Training: This is a franchise business but the owner will assist in training and remain working in the business if desired.
Reason Selling: Semi-retirement

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