Household Staffing Business

San Mateo County, CA (Relocatable)

Seller Financing Available
Household Staffing Business
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Asking Price: $350,000

Cash Flow: $223,936

Gross Revenue: $701,037

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,128 /Month

Established: 1997

Household Staffing Business

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Business Description

For sale is a niche staffing firm specializing in the placement of household employees - Nannies. Since 1997, the company has been providing families with qualified and experienced childcare experts to work in their homes.

The business is located on the Peninsula and serves the very affluent communities of San Mateo and Santa Clara Counties.

Detailed Information

Location:
San Mateo County, CA
Real Estate:
Leased
Building SF:
680
Lease Expiration:
8/31/2019
Employees:
5
Facilities:
The office is 680 square feet and encompasses a waiting room with reception, an open office area for the 4 employees and 2 large private offices with a conference table for the owners.
Competition:
There are local, supra-regional and national competitors. The market is very large.
Growth & Expansion:
There is ample opportunity to expand the business. Focused on one specific type of household employee and serving only a small geographic region, a new owner could grow by adding new categories of staffing candidates and expanding the territory served. Additionally, increased focus on temporary and corporate contracts are promising strategies.
Support & Training:
Seller will fully train buyer for 2 months.
Reason for Selling:
Retire
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Matt Cohen

Business Listed By:
Matt Cohen

Synesis Advisors

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Sponsoring Broker:
Randy Katz

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