IN ESCROW - Highly Profitable Specialized-Temporary Staffing Co

Los Angeles, CA (Los Angeles County)

Specialized Staffing Company
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Asking Price: $2,999,000

Cash Flow: $952,679

Gross Revenue: $4,654,704

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,200 /Month

Established: 1998

IN ESCROW - Highly Profitable Specialized-Temporary Staffing Co

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Business Description

IN ESCROW - Highly Profitable Specialized Staffing Company providing temporary, trained staff to high profile clientele in an impressive industry throughout Southern California. In business for more than 20 years, this company has an impressive track record and is highly respected as a leader in the industry for the type of personnel they provide primarily to the entertainment / Hollywood industry and large fortune 1000 corporations. The company has 8 trained office and administrative staff in place plus a pool of approximately 800+/- personnel staff that is trained in the area they serve. Everyone including the pool of personnel staff is a W-2 Employee. The company also has management in place and has invested in proprietary software systems for managing employees, scheduling, payroll and invoicing, client interface plus well-developed policies and procedures to maintain the company’s premium position in the industry. In addition, the company has strict employee policies in place and retains a highly respected Los Angeles employment law firm to regularly update their detailed employee handbook as well as to make sure this company complies with all current employment laws to minimize any issues. Everything with this business is done by the book as per the seller and that is why it can honestly be referred to as a “turn-key” business. All these items is what allows the seller to work approximately 20+/- hours per week to run this high volume business. The seller will also discuss several growth opportunities including using this existing business model and systems to open additional satellite offices in other markets.

The seller is positioning for retirement and will provide ample training to a qualified buyer. This business has excellent books and records including tax returns. The business has been pre-qualified for SBA finance subject to the buyer’s creditworthiness including credit, a strong financial statement and related experience in managing a business This is a unique opportunity to own a highly profitable, specialized staffing company that is recognized as the premier staffing company in this niche space with several ways to grow this business.

Please note this is a highly confidential matter and NO additional information will be provided until a Confidentiality Agreement, proof of funds in the amount of $500,000 and background information has been submitted – NO EXCEPTIONS. Please hit the reply button and complete the form or contact Matt Coletta directly at info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
8 FT + 800 staff
Facilities:
Corporate offices
Competition:
Seller to discuss
Growth & Expansion:
There are several growth opportunities that the seller will discuss with a qualified buyer.
Support & Training:
Seller will provide training to buyer at no additional cost. Length of training is negotiable.
Reason for Selling:
Seller is preparing for retiring
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Matt Coletta, CBB, CBI, M&AMI

Business Listed By:
Matt Coletta, CBI, CBB

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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