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Business For Sale
PEO PREMIER PROVIDER OF INDUSTRY-LEADING HR
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: HR & Staffing
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Year Established:
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1999 |
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# of Employees:
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1412 |
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Yearly Revenues:
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$25,800,000 |
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Yearly EBITDA:
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$162,000 |
Business for Sale Overview:
The March Group, LLC currently represents an experienced and well-regarded Professional Employer Organization specializing in HR outsourcing, including payroll & benefits administration, workers compensation, unemployment claims, risk management & 401(k) administration. HR outsourcing allows the Company’s clients to focus on core business activities that generate revenue & profits. The Company offers the sustainable & substantial competitive advantage of flexible & highly-personalized service to a roster of nearly 50 clients, representing a variety of industries & dispersed throughout the Mid-Atlantic region. Currently counts on 1,400 work site employees & a corporate staff of 12 tenured professionals. Strong, firm-wide relationships with approximately 25 carriers & service providers. Full integration of one of the most advanced payroll systems in the industry. 2007 results indicate steady improvement on 2006 levels; year-over-year growth of 11.35% resulted in 2007 revenues of more than $25.8 million. A member of the National Association of Professional Employer Organizations. The Company is well positioned to move up to the next level of this dynamic industry.
Property Features and Assets:
Operate from a 3,000 square feet office location.
Market Competition and Expansion:
Professional Employer Organizations are becoming increasingly popular as employees expect more from their employers and organizations realize the resource-effectiveness of outsourcing HR functions. A recent focus on building infrastructure and profitability has left the company exceptionally well prepared to take advantage of the 15% growth rate the industry has been experiencing.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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