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Business For Sale
STAFFING AGENCY – 24+ YEARS ESTABLISHED
Attn:
Stephanie Lau / Steve Abdalla
Honolulu, HI, USA
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Listing Number: "40950158"
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Listing
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Asking Price: |
$155,000
USD USA Dollars
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Business for Sale Industry: |
Services: HR & Staffing
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Reason for Selling:
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Retirement; Moving to mainland within a year. |
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Year Established:
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1980 |
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Yearly Revenues:
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$1,725,500 |
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Yearly Cash Flow:
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$52,500 |
Business for Sale Overview:
For over 24 years this staffing agency has provided quality talent to Hawaii’s small, medium & large commercial businesses as well as government agencies, defense contractors and institutions alike. They provide clients with temporary, temp-to-hire, contract and direct hire employment solutions for accounting administrative, light industrial, food & beverage, convention staffing, information technology, engineering & professional disciplines. This consistently profitable franchise has a customer base with major clients in Hawaii and nationally. With an outstanding reputation in the business community, this business enjoys a large customer base of over 100 customers. The company has long-term, highly experienced staff members that are able to carry on the day-to-day operations with very little guidance from the owner. The corporate side of this agency currently has hired a new CEO that has the intent to focus on paying the franchises more. Corporate also assist the franchise with various marketing and business planning to ensure the franchise’s success.
Market Competition and Expansion:
Very stable business with over 100 customers, with 35-40 regular, “active” customers. The independence of running your own business plus the solid support of a leading national franchisor.
Very satisfying business helping people get employment. Fully trained staff that can maintain the day-to-day business. Corporate is in the midst of attempting to receive GS contract, which would enable the franchise to go after government business (big and/or small) directly. New CEO of Corporate has a focus on paying more to franchises. Great potential for growth especially in the light industrial and technical sectors. 2007 is proving to be one of its strongest years ever. Seller is confident in the business and willing to finance part of the purchase price.
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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