IT Tech Staffing Agency

Not Disclosed, MO

Greater St. Louis Region


Asking Price: Annual Revenue:
$930,000 $2,400,000

Services: Professional


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RE: IT Tech Staffing Agency Broker: Jeff Kalil

Quick Facts

Asking Price: $930,000
Annual Revenue: $2,400,000
Net Profit: $421,000
Cash Flow: $549,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 3
BBN Listing #: 280755286
Broker Reference #: 42590032

Email or Print Listing

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Business Overview:

This Information Technology staffing agency generates $2-3M/year gross revenues with minimal overhead and contains the systems, HR relationships, and client base to pick up and start earning revenues immediately. Operating across the Greater St. Louis area, and connecting companies from across the region, this IT staffing agency is easily relocatable or integrated into an existing staffing agency hub. This business opportunity includes hands-on training with the Owner/Seller to ensure a positive transition among clients. Talent clients include a range of entry-level skilled temporary employees, to experienced hourly full-time placements, to senior executive search and recruiting. Hiring clients range from local businesses in the IT industry, to major cities and large Fortune 500 companies.

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Property Features and Assets:

The business operates from the Seller's remote home office, which is located outside the Greater St. Louis area. The business itself is relocatable and could easily be incorporated into an existing operation or re-established as a brick-and-mortar business, if desired. Client relationships are primarily focused on St. Louis with companies possessing job opportunities in various locations.

Market Competition and Expansion:

The key to success for this business has been the Seller's ability to establishment crucial relationships with hiring departments at the largest companies in St. Louis and across the region. They have developed a screening and recruiting model which identifies quality talent and positioning the agency as a go-to resource. As a result, the business generates over $2M/year in gross revenues and for the partial 2021 year-to-date P&L reports a 58% profit margin, which is over 25 points higher than 2019.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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