Well Established Employee Recruiting Business

Business Overview:

This is a well established employee recruiting service for the automotive and banking industries with a sizeable data base of companies and a candidate database with over 200,000 potential candidates. The seller and his wife operate the business from their home and work a combined 40 hours per week. The business started in Ohio in 1989 and moved to Florida in 2021.

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Property Features and Assets:

The business does not require a physical location and can be operated with a computer from anywhere.

Market Competition and Expansion:

The US is currently in a labor shortage with many employers struggling to find qualified candidates. This has increased the demand for employment recruiting agencies, as employers are turning to them to help fill their positions. Revenue in this industry is predicted to rise at a compound annual growth rate (CAGR) of 1.0% in the next five years and has already grown at a CAGR of 9.6% since 2019. 

Competition in this industry is moderate and has been trending this way for some time. If companies struggle to find qualified candidates through popular online job boards or need to hire a management or C-level position, they turn to recruiters for help. This industry is very mature and fragmented with many small and medium-sized businesses and very few large businesses to compete with. 

This business has a lot of growth potential. By adding additional staff/recruiters and expanding the target industries, this will generate more clients, thus increasing revenue. 

Reason for Selling:

Additional Details:

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