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Asking Price: $7,950,000

Staffing Firm With 800 W2 Placements

Not Disclosed, NJ
Essex County

This well-established staffing and recruiting agency has over 800 placements with all W2 employees. They specialize in offering temporary, temp-to-hire, and direct-hire positions for various industries, including manufacturing, warehousing and distribution. The company offers a wide range of staffing services, including forklift drivers, assembly workers, production workers, pick and pack personnel, and logistics workers. This firm serves a diverse range of clients, including commercial and industrial businesses with warehousing and logistics operations. Notably, the company’s client base includes Fortune 500 companies, indicating its ability to handle large-scale staffing requirements. The dedicated team of 11 staff members includes a Vice President, Payroll Manager, Regional Manager, Area Managers, Office Administrator, and recruiting personnel. The company operates from six locations, comprising one corporate office, three satellite offices, and two on-site offices within client operations. The reason for selling the business is retirement planning. Seller provides general oversight and collaborates with the recruiting team. In order to sweeten the deal, the sellers have offered a transition of 1-2 years post-close, and to finance 20% of the purchase price! Priced at $7,950,000, A 10% down payment of $795,000 returns $1,052,205 in the first year after debt payments! A 132% return on investment!

Cash Flow $2,076,000
Revenue $32,621,137
$ Owner Financing Available

Asking Price: $1,100,000

Healthcare Staffing Business; Highly Professional

Not Disclosed, Not Disclosed

This is a Healthcare Staffing Business located in Morris County with its current client base in Morris and Essex County. It has been in business owned and managed for two years by a highly experienced and personable industry professional, resulting in capturing a loyal client base with recurring revenue. To successfully begin this healthcare staffing firm’s initial growth, the owner’s credentials included:- Staffing and placement agency expertise, with a large list of contacts,- University Instructor,- Licensed & with multiple Practitioner Certifications,- Prior Facility Executive Director at several New Jersey Assisted Living facilities.With greater access to working capital, given the marketplace today and in the future, the ability of this professional or a new owner to achieve significant, high margin growth is unparalleled. Today, this business focus is on New Jersey Nursing Homes, Assisted Living facilities and Substance Abuse Centers. Its repeat revenue is impressive as is the substantial ability to gain additional ongoing client contracts.The U.S. healthcare market is seeing an unprecedented talent shortage enabling the Healthcare Staffing business to grow significantly and without encumbrance. In New Jersey, Nursing Homes have experienced new demands as an aging population and staff retirements have increased significantly. The industry it serves requires qualified, pre-screened nurses (RN’s, LPN’s, CNA’s and TNA’s) and prefers to use agencies like this business to provide the qualified personnel to staff their shifts. 14 of the 20 fastest growing temporary staffing firms are healthcare focused.While the ownership has Healthcare staffing experience, its growth has been as result of a strong record of providing the best possible experience to patients, families, and staff. Its client satisfaction and those of their patients has always been at the forefront. Of course, sales and administrative skills and client relationships have been essential as well.In 2022, its revenue totaled $1.167 million with a net margin greater than 19% or $223,000. The current owner is flexible and is willing to stay on to help bring the firm to an even higher level of growth and profitability.The business began in March of 2021. The asking price is $1,100,000. Contact:Raymond SaleebyExecutive Business Brokers2583 Morris AveUnion, NJ 07083Please use reply to this ad button to contact us.

Cash Flow $223,409
Revenue $1,167,084

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