25+ Yr Old Profitable Healthcare Staffing Business!!

Los Angeles County, CA

Seller Financing Available
25+ Yr Old Profitable Healthcare Staffing Business!!
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Asking Price: Get Financing: $315,000

Cash Flow: $70,000

Gross Revenue: $1,790,960

EBITDA: N/A

FF&E: $20,000

Inventory: $92,000

Lease Rate: $1.89 /SF/Month

Established: 1987

25+ Yr Old Profitable Healthcare Staffing Business!!

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Business Description

Don't miss participating in one of the fastest growing sectors of the
economy with this 25+ year old turnkey business! The Healthcare
Industry is predicted to grow at double digit rates for the next 20 years
and hospitals, nursing homes, long-term care facilities, doctors offices,
home care companies can't find enough nurses. This profitable
company has been in the nurse recruitment business for over 25
years, has contracts with 40 major hospitals and is only filling about
40% of the requests from the clients in those contracts as they
continue to grow. Can easily double the business through the current
contracts by offering placement for other services already approved
for in the current contracts, increase efforts to recruit more nurses,
initiate social media advertising, institution of a nurse referral
program. No licensing requirements to own a nurse staffing business
and no experience necessary. Sales and/or marketing experience a
plus. The owner is retiring due to medical reasons and age, willing to
stay on and train, willing to carry a portion of the purchase price back.
This is a 25+ year old company with a steady, solid profitable business
that can easily be grown. No licensing or special training required! Priced to sell!! Owner will carry back up to 50% of the
purchase price for the right offer and buyer.

This one won't last!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
5/31/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well appointed office space in a boutique building with conference room, offices and bullpen room. Facility is centrally located in the greater Los Angeles area near numerous hospitals and is easily accessible to major highways. Company has been in this space for over 10 years.
Competition:
There are both larger and smaller competitors due to the lack of barriers to entry into the business but very very few have the longevity (over 25 years) of the relationships or the contracts this business has with over 40 major hospitals. The market itself is rapidly growing and expected to continue for the next 20 years. Currently the business is only filling about 40% of the requests from the clients. In addition to the hospital contracts the business currently has the business can grow by securing contracts with nursing homes, long-term care facilities, doctors offices, and home care companies. Continuing to recruit nurses to fill the open requests from the clients is the key.
Growth & Expansion:
Can easily double the business through the current contracts by offering placement for other services already approved for in the current contracts such as physical and occupational therapists, increase efforts to recruit more nurses to fill the current requests by the clients (currently only filling about 40% of the opportunities available), initiate social media advertising, institution of a nurse referral program for nurses on staff to refer other nurses.
Financing:
Will carry up to 50% of the purchase price back in a 2 year note
Support & Training:
Yes. Up to 60 days free. Owner willing to stay on longer if buyer desires
Reason for Selling:
Medical reasons and age
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Contact the Seller

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Scott Hartman

Business Listed By:
Scott Hartman

BBDC

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Sponsoring Broker:
Toby Barker

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