Business For Sale

Payroll Service Company

Denver, CO
Denver County


Asking Price: Annual Revenue:
$329,000 $213,000

Services: Financial, Accounting, Insurance


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RE: Payroll Service Company Broker: Ken Galecki

Quick Facts

Asking Price: $329,000
Annual Revenue: $213,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $5,600
Real Estate: Not Disclosed
Year Established: 2014
Employees: 2
BBN Listing #: 912354113
Broker Reference #: Not Disclosed

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Business Overview:

This Payroll Service company was founded in 2014. It utilizes proprietary software and has quickly grown to service over 100 different clients. Out-sourced payroll services are often utilized because of cost reduction, better staff productivity, high accuracy, high reliability, less risk, and superior compliance management. The company is managed by an Owner-Operator and a full-time Payroll Specialist, and most of the clients are in the Denver area. This business has the foundation and processes in place to grow substantially in the coming years. We feel this could be an ideal acquisition for a marketing-oriented entrepreneur or an add-on for a bookkeeping company, CPA, or other strategic buyer.

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Reason for Selling:

Moving

Additional Details:

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

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