NOT DISCLOSED, District of Columbia
| Asking Price |
$1,400,000 |
Year Established |
|
|
| Annual Revenue |
$2,286,796 |
Reason for Selling |
Retirement Planning |
|
| Annual P/L |
$0 |
Attention |
Aaron Coculo |
|
| Annual Cash Flow |
$371,052 |
Listing Number |
1002633 |
|
| # of Employees |
|
Business Category |
Services: Human Resources & Staffing |
|
Business Overview:
This staffing company was originally founded in 1972 and acquired by the current owner in 2017. It currently serves the Private Sector, Non-Profits, and Non-Government Organizations in the Washington DC Metro area, including Maryland and Virginia. The company’s primary service offering is Temporary staffing, supplemented by Temp-to-Perm and Permanent placements.
Services Offered
The company's revenue is heavily weighted toward temporary staffing, which offers a robust gross margin.
- Service Mix by Revenue Percentage:
- Temporary Staffing: 91% of sales
- Temporary to Permanent / Permanent: 9% of sales
- Highest Margin Products:
- Temporary Staffing – 35% Gross Margin
- Permanent Placement – 100% Gross Margin
Operations & Facilities
- Employees: The company utilizes a mix of salaried, hourly, and bonus/commission-based compensation across roles.
- Employee Benefits: Comprehensive benefits include Vacation, Sick Leave, Medical, Dental, and others.
- Facility Details: The office occupies 2,200 total square feet with a lease that runs until December 2028 with exit options.
Growth Opportunities
Identified expansion opportunities include leveraging existing expertise and entering new markets.
- Specific Expansion Opportunities: Conference Staffing, Accounting / Financial Services, and Information Technology.
- Additional Target Markets: Federal Government via Sub-Contractors and Law Firms.
Specific details on the transition plan will be discussed to ensure a smooth handover.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity