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Profitable Caribbean HR and Payroll Services Opportunity

Nassau, Bahamas, Caribbean Islands

Seller Financing Available
Profitable Caribbean HR and Payroll Services Opportunity
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Asking Price: $649,900

Cash Flow: $262,314

Gross Revenue: $444,314

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Rent: $5,700 /Month

Established: 2007

Profitable Caribbean HR and Payroll Services Opportunity

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Business Description

Caribbean Opportunity - Human Resources and Payroll Services

A profitable and well-established management firm. Providing HR and Payroll solutions for the corporate world including many American and European clients, who desire to operate within the Caribbean. Designed specifically to assist the employers within the Bahamas and at least 10 other countries. A Caribbean based business, with services that consists of about 60% Payroll (PEO & Employee Leasing) and 30% HR (Executive Recruiting, Training, Placements). The owner is seeking to retire from the industry, but will be amenable to a reasonable transition period, for a qualified buyer. There is a fully trained staff in place and a fully equipped office from which all operations are handled. A prospect should have HR and or Payroll experience. Excellent books and records, however this is NOT an American company. *All financials are in Bahamian Dollars which are currently equal to the U.S. Dollar. Please refer to listing 0101915758, business broker Thomas Milana when you inquiry about this listings.

Detailed Information

Real Estate:
Leased
Building SF:
1,750
Lease Expiration:
9/30/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 5700 Square Footage: 1750 Building Type: Office Space Terms & Options: TBD Expiration Date: 9/30/2021
Competition:
Non Compete : Miles: 100 Years: 5
Financing:
Loan/Seller - Amt: 99,900 Mos: 24 Rate: 8.00 Mo Pmt: 4,518.21
Support & Training:
For 4 weeks at no cost
Reason for Selling:
Retirement, Life commitments
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Contact the Seller

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Thomas Milana International Director of Business Sales

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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