Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$550,000 USD USA Dollars
Business for Sale Industry:	Services: HR & Staffing
Reason for Selling:	pursue other interests, travel
# of Employees:	9 Full Time, 2,350 candidate pool
Yearly Revenues:	$2,800,000
Yearly EBITDA:	$114,000

Business for Sale Overview:

Established over 10 years, the Company provides temporary placements for a wide variety of industries in multiple states. The Company�s clients include firms in industries such as manufacturing, distribution, hospitality and construction, as well as governmental and educational clients. The Company is distinguished by its personalized service and placement capability as evidenced by its pool of over 2,350 placement candidates and 100 plus active customers. The Company employs nine permanent staff including ownership and operates out of multiple leased facilities. Revenue for the year-ended 2007 was $2.8 million with a gross profit of 15%. The headquarters location is profitable and responsible for 65% of the Company's revenue. While adjusted EBITDA for the company as a whole is $52,580, adjusted EBITDA for the headquarters location individually is $200,000. Total sales have been climbing in each of the past four years. The Company�s markup ranges between 1.3 and 1.6 with an average markup of 1.44.

Property Features and Assets:

Multiple leased small office spaces in two states.

Market Competition and Expansion:

Ownership projects 12% growth for 2008 based in part on new client generation at the newest branch and an up-tick in orders for the first quarter of 2008. This business acquisition opportunity serves as an excellent opportunity for an existing staffing firm that can leverage long-term customer relationships, gain entry to an established client base and eliminate overhead by quickly integrating the Company�s established accounts into their current business operations. Additionally, there exist key opportunities to grow relationships with a number of clients that have yet to be capitalized upon.

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.