Recruiting & Staffing Agency for Accountants & CFO

Nashville, TN
Davidson County


Asking Price: Annual Revenue:
$8,100,000 $8,059,932

Services: Professional


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RE: Recruiting & Staffing Agency for Accountants & CFO Broker: Cortney Sells
Owner Financing is Available!
10% Prom Note $810,000 15% Equity Roll $1,215,000 75% Bank Loan & Buyer Down $6,075,000

Quick Facts

Asking Price: $8,100,000
Annual Revenue: $8,059,932
Net Profit: Not Disclosed
Cash Flow: $2,533,604
Total Debt: Not Disclosed
FF&E: $122,428
Real Estate: Not Disclosed
Year Established: 35+
Employees: 17
BBN Listing #: 451934398
Broker Reference #: OFF013-C

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Business Overview:

The owner of this recruiting and staffing agency is looking for a strategic partner to grow the company and has offered to stay on with the business for 5-7 years. They specialize in staffing for accountants and CFO’s nationwide: this firm has a client base made up of 80% repeat customers including private businesses and accounting firms with a service break down of 60% permanent placement and 40% temp workers. Having served clients for over 35 years, this firm has been able to develop an excellent team of 17 employees including a vice president controller, office manager, 12 recruiters, 2 account managers, and 2 admin. The team is currently executing over 180 open jobs equaling to $2,000,000 of work-in-progress. The seller has expressed their good faith in the ongoing success of this business by offering a 10% prom note and 15% equity roll of this purchase. The 2022 cash flow is annualizing at $2,533,604 with a profit margin of 24%!

The owner is willing to sell the business outright, or partner with a new investor to help grow the business over the next several years. He currently acts as a mentor and meets with his sales team. Possible growth opportunities include expanding the company’s activity in the HR field and branching out into recruiting for other professional fields like legal or engineering industries. This is a family business that has been around since 1985 proving that they have the right processes and procedures in place! They have plenty of room to grow and add more team members at the current location, without having to find a larger space.

Priced at $8,100,000 and with a solid reputation this company is well-suited for the next owner to step in and continue the on-going legacy without a hitch!

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Market Competition and Expansion:

Expanding the company’s activity in the HR field and branching out into recruiting for other professional fields like legal or engineering industries.

Reason for Selling:

Strategic partnership for growth.

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.

Documents:

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