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- RE: Temp Staffing With Some Direct Hire Placement
- Contact: Jared Olson
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 |
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 aweekly 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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