25 Yr Independent Staffing Co - $790K Earnings

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$2,559,000 $7,204,000

Services: Human Resources & Staffing

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RE: 25 Yr Independent Staffing Co - $790K Earnings Broker: Dan Long

Quick Facts

Asking Price: $2,559,000
Annual Revenue: $7,204,000
Net Profit: Not Disclosed
Cash Flow: $790,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 10
BBN Listing #: 419816072
Broker Reference #: 10419del

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Business Overview:

The seller (and founder) of this company has grown this staffing company to over $7,000,000 in sales. They provide temporary, temp to hire, and direct hiring services to a large network of companies in the Greater Cincinnati area. This is a full – service staffing agency that serves a wide range of industries, including light industrial, office and clerical, technical, and many other specialty industries. They provide solutions for everything from office entry level to the executive level. The business is offered as an asset purchase, free and clear of debt. Owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights also include:

SBA loan qualified
Potential to be franchised
No accounts receivable issues
Long - term and young employees
Large network of long - term employers
Long established business in its industry
Clean books and records – all numbers are verifiable
Much growth potential with adding offices and full - time salespeople
Real estate available to be purchased in addition to business asking price

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Property Features and Assets:

The office space / condominium is very nice and large enough to support expanding the business. The condominium is for sale in addition to the asking price for the business.

Market Competition and Expansion:

To be successful in this industry, one needs to have a great staff – and a great staff, they do indeed have. The sellers truly do care about their staff and their clients. As a locally owned company that has been operating for more than 25 years, they have a vested interest in the community and strive to deliver honest service with integrity. No client’s needs are too big or too small.

Reason for Selling:

All goals accomplished over 25 years.

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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