Industrial Staffing for Temp & Temp to Hire

Grants, NM
Cibola County


Asking Price: Annual Revenue:
$495,000 $1,714,201

Services: Professional


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RE: Industrial Staffing for Temp & Temp to Hire Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $495,000 10% Buyer Down Payment: $49,500 15% Seller Financing: $74,250 75% Bank Loan: $371,250 A 10% down payment of $49,500 returns $147,819 in the first year after debt payments!

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,714,201
Net Profit: Not Disclosed
Cash Flow: $213,890
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 4
BBN Listing #: 820234398
Broker Reference #: OFF004

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Business Overview:

Serving the west-central region of New Mexico since 1990 and averaging $2.2 million in gross sales over the past three years! Owners are willing to finance 15% - selling at a 2.4 multiple! Well-established with a recurring client base in west-central New Mexico, this temporary staffing agency is well-known for matching the perfect candidate and for being an integral part of keeping local worksites productive. Using Bullhorn ATS Software, the business has a comprehensive database that contains historical job information, notes, and invaluable contact information on both clients and candidates. Their applicants range from general laborers (all construction trades: skilled and semi-skilled) to industrial (mechanics, truck drivers, equipment operators) to office (clerical, accounting, HR, receptionists), with most of their staffing placements in the industrial and construction industry. 70% of their business comes from recurring light industrial clients.

One owner manages the financial aspect of the business (accounting, bank reconciliation, taxes, contracts, insurance and the approval of new clients). The other owner is PT, working less than 10 hours per month, and manages IT and the networking component of the business, as well as landscape and maintenance. The other two employees (1 FT, 1 PT) handle applicant tracking, screenings, interviews, new employee orientation, payroll, and the clerical/admin duties.

The team has strong relationships with employers in the community. In addition to the local employers, regional road and commercial construction companies return as their projects develop in the community. With a solid infrastructure already in place, growth opportunities are vast; becoming active in sales & marketing, expanding social media presence, initiating both retention and recruitment efforts, and pursuing relationships with Native American tribes and federal & state agencies would undoubtedly increase business revenue.

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Property Features and Assets:

Building: 1,500 square feet building with 3 offices, conference room, & kitchen.

Market Competition and Expansion:

Growth Opportunities: Increase sales/marketing, expand social media presence.

Reason for Selling:

Retirement planning.

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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