WARWICK, Rhode Island
| Asking Price |
$75,000 |
Year Established |
2022 |
|
| Annual Revenue |
$1,500,000 |
Reason for Selling |
Career path change |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$0 |
Listing Number |
1009535 |
|
| # of Employees |
2 |
Business Category |
Services: Human Resources & Staffing |
|
Business Overview:
An established Employment and Staffing agency Franchise business has been listed for sale in Warwick, Rhode Island. This “World Class” Franchised business offers a full line of Staffing services (Temporary, Flexible, Direct Hire, Contract Staffing) and HR business solutions for individuals and businesses. Full training and marketing support programs are provided. Owners need to be hands-on, work onsite, fully involved in the daily operations and reside within a 30-45 minute commute distance of the local office in Warwick, RI. Opened in January, 2022 and achieved previous 12 months total Gross Revenues of approximately $1.5 million. This is a complete "turn-key” business. Includes two trained office staff, a professional business office (office equipment, fixtures, furnishings, computers, supplies and signage) and many local area business employers as loyal local customers. Assumable office lease of $1,170.00 per month for a 830 square foot fully furnished professional office space.
Property Features and Assets:
<p>The office specializes in staffing for major industries that include; distribution services, manufacturing, logistics, technology and essential services companies. The local economy relies heavily on skilled and hourly workers which are core to the staffing strengths of this employment agency. Furnished professional office with a great location near primary transportation routes. The current trained employees will remain with the business to provide for a smooth transition to the new incoming owner. Current owner will also assist with the transition as needed.<br></p>
Market Competition and Expansion:
<p>Warwick features a robust and diversified local economy anchored by healthcare, insurance, manufacturing and education. The median annual household income is just under $91k. Local top employers include Kent Hospital, Metropolitan Life Insurance and Kenney Manufacturing. Lots of growth opportunity to build the annual Gross Revenues from $3.0-5.0 million.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity