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Business For Sale
TEMPORARY EMPLOYMENT AGENCY SPECIALIZES IN MEDICAL
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Services: Professional
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Year Established:
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2001 |
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# of Employees:
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5 |
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Yearly Revenues:
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$2,401,000 |
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Yearly EBITDA:
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$294,000 |
Business for Sale Overview:
The March Group, LLC currently represents a successful & growth-oriented professional employment agency focusing on the supply of skilled nurses to hospitals, clinics and other healthcare facilities in the Pacific Northwest. Although the Company was only established in the early part of this decade, a consistent focus on business development has firmly established operations in the region. Recently awarded the Gold Seal of Approval™ for healthcare staffing services by the Joint Commission on Accreditation of Healthcare Organizations. Supplements the workforce of more than 32 public & private organizations including hospitals, surgical centers, medical clinics, correctional facilities, detox centers, long term care facilities, & psychiatric centers. Immense client satisfaction contributes to a 95% rate of contract renewal. Highly capable labor pool boasts over 30 registered nurses, 20 licensed practical nurses, & 30 certified nursing assistants with strong ties to the Company, as evidenced by a 70% employee retention rate. The recent commencement of operations in a secondary promise new and significant revenue streams market and the award of two major contracts in a previously untapped area.
Property Features and Assets:
The Company is headquartered in a 1,000 square-foot office facility that is leased from a third party at the fair market rate. A second, 723 square-foot office, recently established to facilitate geographic market expansion, is leased from a third party as well. Management believes that the two facilities will be sufficient to support pro-forma growth projections.
Market Competition and Expansion:
Given the Company’s rapid sales growth, industry expansion, high employee retention rate (70 percent), and proven capabilities, management is confident that stronger growth is achievable with more aggressive sales and marketing efforts in new geographic and customer markets.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is 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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