Sold - IT Tech Staffing Agency
Not Disclosed, MO Not Disclosed
Greater St. Louis Region
Asking Price:
$930,000
Annual Revenue:
$2,400,000
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- RE: Sold - IT Tech Staffing Agency
- Contact: Jeff Kalil
Quick Facts
| Asking Price: | $930,000 | |
| Annual Revenue: | $2,400,000 | |
| Net Profit: | $421 | |
| Cash Flow: | $549,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 3 | |
| BBN Listing #: | 280755286 | |
| Broker Reference #: | 42590032 |
Business Overview:
This Information Technology staffing agency generates $2-3M/year gross revenues with minimal overhead and contains the systems, HR relationships, and client base to pick up and start earning revenues immediately. Operating across the Greater St. Louis area, and connecting companies from across the region, this IT staffing agency is easily relocatable or integrated into an existing staffing agency hub. This business opportunity includes hands-on training with the Owner/Seller to ensure a positive transition among clients. Talent clients include a range of entry-level skilled temporary employees, to experienced hourly full-time placements, to senior executive search and recruiting. Hiring clients range from local businesses in the IT industry, to major cities and large Fortune 500 companies.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The business operates from the Seller's remote home office, which is located outside the Greater St. Louis area. The business itself is relocatable and could easily be incorporated into an existing operation or re-established as a brick-and-mortar business, if desired. Client relationships are primarily focused on St. Louis with companies possessing job opportunities in various locations.Market Competition and Expansion:
The key to success for this business has been the Seller's ability to establishment crucial relationships with hiring departments at the largest companies in St. Louis and across the region. They have developed a screening and recruiting model which identifies quality talent and positioning the agency as a go-to resource. As a result, the business generates over $2M/year in gross revenues and for the partial 2021 year-to-date P&L reports a 58% profit margin, which is over 25 points higher than 2019.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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