Please Confirm
Are you sure you wish to REMOVE from your request basket?
Request More Information
Contact the Seller
Quick Facts
Asking Price: | $6,050,000 | |
Annual Revenue: | $5,969,179 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,911,740 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 2 | |
BBN Listing #: | 311734398 | |
Broker Reference #: | OFF011 |
Request More Information
Contact the Seller
Business Overview:
Due to the supply and demand of nurses, this staffing agency has a steady flow of clients each week and has seen year-over-year growth in sales and consistently high profit margins! Established in West Central Texas for over 20 years, the company provides Registered Nurses, Licensed Vocational Nurses, Certified Nursing Assistants, and Certified Medication Aids for hospitals, clinics, nursing homes, government, state, and schools on an as-needed, short-term, or long-term basis. Partnering with some of the leading healthcare facilities in the state of Texas, each nurse recruited by the agency is sent to the client as a W2 employee, which sets them apart from other staffing agencies. They average 65-75 active employees (RN’s, LVN’s, CNA’s, and CMA’s) who are in the system and ready to work when needed. As facilities are constantly faced with last minute and temporary staffing needs due to vacations, staffing shortages, and open shifts as a result of scheduled and unscheduled absences, this agency has a steady flow of clients each week.
Office staff includes 1 Office Manager/HR and 1 Staff Coordinator, and all nurses in their database are employed by the agency. All applicants are thoroughly screened before being submitted to a facility’s HR department. Base hourly rates for the nurses range from $18-$25/hour for CNA’s, $30-$37/hour for LVN’s, and $40-$47/hour for RN’s, with rates going higher if the nurse is working in a specialty unit or Covid unit. The number of clients/positions filled varies by the week, depending on demand; in general, the agency distributes 35-45 paychecks each week to the nurses.
Priced at $6,050,000, this agency already has a solid reputation and a well-established client base. A new owner could easily boost revenue by implementing a marketing strategy, creating a social media presence, and updating the company website. This would be a great opportunity and highly beneficial for an existing staffing agency to purchase.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Growth Opportunities: Implement marketing strategy, update website, create social media presence.
Reason for Selling:
Approaching Retirement.
Additional Details:
Documents:
Relevant Links:
Request More Information
Contact the Seller
Please Confirm
Are you sure you wish to REMOVE from your request basket?
We're Sorry
We only allow businesses per information request. Please complete your current requests to continue.
Oops!
Wow, glad you're interested in so many businesses! The you've inquired to will contact you shortly.
Learn how you can
Small business financing with Guidant Financial
Business Funding
From Guidant Financial
Thank you for Business Funding Pre-Qualification Request.
You should receive an email response within a hour