Price Reduced - Profitable Staffing Agency for Sale

Braintree, MA (Norfolk County)

Seller Financing Available
Price Reduced - Profitable Staffing Agency for Sale
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Asking Price: N/A

Cash Flow: $158,000

Gross Revenue: $3,134,948

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Rent: $2,175 /Month

Established: 2009

Price Reduced - Profitable Staffing Agency for Sale

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Business Description

The office is up 17% in Revenue in February as compared to last February.
The business has grown consistently since inception. The Sales grew approx. 10.5% from 2016 to 2017 and grew an additional 19.5% from 2017 to 2018. A new client has been secured in November of 2018, there are 17 associates working currently at that new client, with that client and several additional clients acquired, the seller expects continued growth in 2019.
It was established as a new office in 2009. Supported by one of the largest staffing franchise organizations, it has grown and built a reputation as a premier staffing provider in the local market.

After Salary to the owner, benefits and some add-backs, the Seller Discretionary earnings were approx $158,000 for 2018.

Are you a staffing Veteran? if so, up to an additional $250K in funding available from the Franchisor to purchase the business.

Detailed Information

Location:
Braintree, MA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The office is located in a professional building, very accessible and near the major highways.
Competition:
There are other agencies in the area. The business focuses on Light Industrial Staffing and Office support type positions.
Growth & Expansion:
Research within the existing territory shows that nearly 70% of the staffing is Administrative and nearly 30% is Industrial, the office currently has 82% of its staffing being done in Light Industrial. There is a tremendous opportunity to grow the business in the Administrative area of the business.
Financing:
Possible Seller Financing available
Support & Training:
Full support from the Franchisor. Which include, but not limited to Two weeks of training at the corporate Headquarters, additional training in the local area from the franchise development team. Full payroll funding and invoicing to the clients along with insurance coverage to the associates working in the field. This allows the owner to limit their liability in having to fund the payroll weekly and to focus on what is most important which is sales, recruitment and filling orders.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Patrick Rozmus

Business Listed By:
PATRICK ROZMUS

Transworld Business Advisors

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Sponsoring Broker:
Marc Lazarus

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