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  • RE:  Temp Staffing With Some Direct Hire Placement
  • Contact:  Jared Olson
Owner Financing is Available!
20% Seller Financing $98,000 80% Buyer and Bank Loan $392,000

Quick Facts

Asking Price: $490,000
Annual Revenue: $2,353,488
Net Profit: Not Disclosed
Cash Flow: $114,813
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 139834398
Broker Reference #: OFF009-D

Email or Print Listing

Business Overview:

This staffing firm places full-service, temp-to-hire, and direct hire staffing ranging from part-time, short-term, or long-term opportunities, and several placements have remained in their positions for 10-15 years after placement. The agency specializes in fulfilling the needs of their diverse client base in the professional and clerical fields. Having been established 18 years ago, this agency is well respected and are currently receiving 5-10 new orders on a
weekly basis, with a turnaround time of 2 weeks to 2 months. Servicing customers that range from small businesses to large corporations, they offer multiple routes of staffing solutions to fulfill any business’s needs. The team consists of 2 Full Time employees, 1 staffing specialist, and 1 on-call staffing coordinator as well as 55-60 temp employees on assignment. Located in Providence Rhode Island, the current staff operates out of a 1,100 square foot leased building with a reception area and private offices that are perfect for interviews and different skills or communication tests. The current owner has offered 1-2 years for a transition/training period to ensure as smooth a move as possible for staff, clients, and the new owner. Priced at $490,000, this business already has an established client pipeline in place with the majority of new business coming from word-of-mouth referrals. Partnering with this staffing firm resulted in direct hire business for the VP of Human Resources, Business Analysts, Business Consultants, Instructional Designer, and recruiting
personnel including skill assessments and language assessments. A simple opportunity for new ownership to grow the business, and their current pipeline, would be to establish an internet presence consisting of both a website and social media accounts.

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Market Competition and Expansion:

Create internet presence with a website and social media accounts.

Reason for Selling:

Retirement planning.

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

Documents:

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