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Leading Employment & Staffing Franchise in NOVA

Tysons, VA (Fairfax County)

Seller Financing Available
Leading Employment & Staffing Franchise in NOVA
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Asking Price: $210,000

Cash Flow: $83,000

Gross Revenue: $760,000

EBITDA: N/A

FF&E: $6,500

Inventory: N/A

Rent: $1,820 /Month

Established: 2001

Leading Employment & Staffing Franchise in NOVA

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Business Description

Growing & Profitable Biz Ready for a New Owner!

Excellent opportunity to own a reputable and growing staffing agency. The business is part of a nationally recognized organization and this specific franchise has served the Northern Virginia market for over 15 years. This is an ideal opportunity for someone looking for a growing, turnkey business with minimal overhead and significant room for continued expansion. The owner has done an excellent job building relationships with major employers in the territory and has contracts in place with a number of well-known companies.

The owner purchased the franchise in 2018 after several years of declining revenue with the goal of stabilizing and growing the business. The turnaround effort is well underway and there have been many recent positive signs of growth under the new owner. In addition to adding new clients to the portfolio, there have been a number of previous clients that have been brought back into the fold. Unfortunately, a health issue in the owner's family have resulted in him looking to sell the business.

The staffing industry generates more than $150 billion in North America annually and has added more jobs in the last three years than any other industry. The Washington DC metro area has also seen steady growth in the staffing and recruiting space as there is a high demand for agencies to provide the region's employers with the qualified workers they need, when they need them. Don't miss out on this opportunity to take over an established business with key clients in place!

Detailed Information

Location:
Tysons, VA
Real Estate:
Leased
Building SF:
950
Lease Expiration:
12/31/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a 950 square foot office with good street visibility in a prominent part of Northern Virginia. The business is a long term tenant at this location and benefits from the sustained presence in the community.
Competition:
The staffing/recruiting services industry is segmented with many large corporate-managed entities and small local companies providing services to local customers. This business stands out as it is a locally-owned franchise that is part of a larger national organization with over 800 locations. This is distinctive in the industry and provides a competitive advantage for you as a direct owner have complete control on pricing, recruiting, and execution.
Growth & Expansion:
There is significant room for growth and expansion. The franchise holds exclusive rights to a prime Northern Virginia territory which includes Tysons Corner, Vienna, Fairfax, Falls Church, Merrifield, Burke, and many other major cities. The current owner has done an excellent job building a reliable team of employees and establishing relationships with key clients. This business is set up for continued success and shows improved revenue and cash flow numbers for 2019.
Financing:
Available depending on the final sale price, terms, and qualifications of the buyer.
Support & Training:
Owner and franchise will provide necessary training and support.
Reason for Selling:
Health issue in owner's family.
Franchise:
This business is an established franchise
Business Website:
http://www.horizonbrokers.com
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Contact the Seller

(from currently available funds)
 
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Michael Wade

Business Listed By:
Michael Wade

Horizon Business Brokers, LLC

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Sponsoring Broker:
Dustin Zeher, CBI

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