DES MOINES, Iowa
| Asking Price |
$1,350,000 |
Year Established |
1998 |
|
| Annual Revenue |
$2,867,940 |
Reason for Selling |
Health concerns |
|
| Annual P/L |
|
Attention |
|
|
| Annual Cash Flow |
$335,316 |
Listing Number |
938657 |
|
| # of Employees |
3 |
Business Category |
Services: Human Resources & Staffing |
|
Business Overview:
This staffing firm has 100% repeat clients which have multi-year contracts, focused in the spaces of Banking, Insurance, Agriculture, Government and Health Care. They place 20+ staff including software engineers, project managers, analysts, and scrum masters. For more than 2 decades they have served primarily Iowa and the surrounding states. This company is doing little to no business development, which would be a great opportunity for growth. There Is 1 recruiter, 1 VP of sales, and an office administrator. The reason for sale is health concerns of the absentee owner. Most importantly, the active owner has offered a 2–3-year transition where he will also finance and roll equity for a total combined amount of 25%. Priced at $1,350,000, a 10% down payment of $135,000 returns $209,772 in the first year after debt payments! Resulting in a 155% return on investment! This is a niche market in the Des Moines area which is home to Wells Fargo, Hy-Vee, Principal Financial and Amazon Distribution – which all need these on-site services.
Property Features and Assets:
Market Competition and Expansion:
<p>Growth Opportunities: This is a niche market in the Des Moines area which is home to Wells Fargo, Hy-Vee, Principal Financial and Amazon Distribution – which all need these on-site services</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 not a franchise resale opportunity