Staffing Agency for Sale

Not Disclosed, CT
Hartford County

Asking Price: Annual Revenue:
$975,000 $1,362,000

Services: Non-classifiable

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RE: Staffing Agency for Sale Broker: Jeff Swiggett

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,362,000
Net Profit: Not Disclosed
Cash Flow: $430,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1971
Employees: 3
BBN Listing #: 876255237
Broker Reference #: 41980258

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Business Overview:

This well known staffing agency provides temporary staffing for engineering and technical positions at manufacturing companies and for staff at law firms primarily located in Connecticut and other parts of Southern New England. The firm maintains consistent revenues, fluctuating between $1.3 and $1.4 million over the last three years with strong owner cash flow of between $350,000 and $430,000 during the same period. This acquisition is an excellent opportunity for any company in a related or similar business or individual(s) with good executive business skills that wish to operate their own business.

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Property Features and Assets:

2,000-square feet of leased grade A office space.

Market Competition and Expansion:

The company is well positioned in niche staffing markets for engineering/technical and legal staff positions. Generally, temporary staffing for these markets comes with hgher margins. Any new owner could undertake a more aggressive marketing and sales campaign to drive revenues.

Reason for Selling:

Owner Retiring.

Additional Details:

  • The property is owned.
  • 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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