71307-Medical Staffing Agency Services

FL

71307-Medical Staffing Agency Services
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Asking Price: Get Financing: $750,000

Cash Flow: $180,000

Gross Revenue: $1,150,000

EBITDA: $142,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2005

71307-Medical Staffing Agency Services

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Business Description

The Company specializes in staffing licensed professional nurses and other allied services. Their clients include rehabilitation facilities, medical centers, assisted-living facilities, hospice and nursing homes. Offering services to hospitals could be a good growth opportunity. Now amended, there was a revenue decrease in 2016 for the following reason: the company voluntarily terminated its participation in the Medicaid-Waiver program due to diminished profitability. This lead to a 25% ($277,000) drop in business last year. Throughout 2017, the owner has added new contracts to create a growth trend. The Company is seeing a successful rebound in revenue as their customer base is growing and more diversified this year. The company operates from a leased 880-square foot office with an additional 800 square feet of upstairs storage. There are three offices, handicap accessible bathroom, break room, and a waiting room. Owner willing to remain for transition period.
GSA Advantage – authorized government contractor - Woman Owned Small Business, SBA certified - Florida Minority Vendor - 4 nonunion office employees - Strong management team - Legitimate 1099 Company - Nurses paid as independent contractors (1099) - RN, LPN, CNA, HCT, and HHA Certified Nurses - Three more contracts added - $4M+ revenue capabilities. Falls into Asking Price Range: $500k-$1.5M

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3
Reason for Selling:
Approaching retirement.
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IAG Buyer Division

Business Listed By:
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IAG

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