Multi-Branch Gulf Coast Staffing Agency - Franch.

Hattiesburg, MS
Forrest County


Asking Price: Annual Revenue:
$1,150,000 $8,500,000

Services: Human Resources & Staffing


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RE: Multi-Branch Gulf Coast Staffing Agency - Franch. Broker: Chris Bruner
Owner Financing is Available!
230000.00

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $8,500,000
Net Profit: Not Disclosed
Cash Flow: $313,216
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 9
BBN Listing #: 954355279
Broker Reference #: 24876-200797

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Business Overview:

Multi-Branch Gulf Coast Staffing Agency - Primed for Growth

The business provides professional staffing solutions to/ for its customers.

One customer is the actual workforce (e.g. the temp. employees ~2000/yr.), the other customer is the business clients (~150/yr. on avg. active).

B2B – relationship/sales - where orders are created and sales generated (the “hunter”); however, filling the orders and meeting client’s needs is key (the “farmer”).

2 Locations in different markets creates solid diversity and hedges risks. A third location would create a lot of value to the new owner. Significant upside to double the business quickly.

Nearly every businesses is a potential customer. Immense market. Larger manufacturing/plant type clients provide high volume but lower margins and the smaller businesses less volume but often come with higher margins.

The business doesn’t have much of a seasonal factor except being a little slower during Christmas holidays and some summer weeks.

The Company is a franchisee of a national organization, which provides name recognition, marketing tools, access to insurance products, back office support, IT, etc. yielding more favorable experiences and relationships, which contributes to higher margins while remaining price competitive. More time for the business to ‘hunt’ and ‘farm’ than living in the typical administrative daily minutia.

The owner now works approximately 15 hours a week, enjoys the coaching and teaching aspect of things to make his staff more successful, while hiring great branch managers to take over the day-to-day operations.

Reason for Selling: The owner is approaching retirement; has reached his point of indifference in his business growth aspirations, reached a stabilized level, and has the business running where it should be an easy transition for a new qualified buyer. Owner’s monetization of this business sale should allow for the Seller (and his spouse) to reach their retirement objective. Transition Services of two weeks to new owner are included in the price, and longer as mutually agreed.

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.

Reason for Selling:

Retiring

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 a franchise resale opportunity.

Relevant Links:

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