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Asking Price: $2,100,000

Long Established, California Staffing & Recruiting Company - SBA Pre-Qualified

Not Disclosed, CA
Not disclosed

This is a well-established staffing and recruiting firm which provides clients with quality temporary and permanent employees to fulfill general office, marketing, customer support, finance and accounting requirements. This Company has strong relationships with local businesses, schools and colleges, non-profits and government agencies, which has enabled it to generate consistently high revenues and profits for decades. About 70-80% of revenues come from providing temporary staff and 20-30% comes from direct placement fees. The large majority of revenues are from repeat customers.The temporary employee business is recession resistant because during economic downturns many companies start to use more temporary employees rather than direct hires. During the 2020 Covid19 shutdowns the Company discovered it could effectively service its clients’ needs from home-based offices and so now operates with only one small office for finance and accounting needs. Otherwise, it utilizes home based employees, a move that reduced its rent expense and other facility costs by over $100,000 annually.The owner devotes 3-4 days weekly to run the business. The Company’s employees are capable of running the business in the owner’s absence for extended periods, but a new owner should expect to personally and more actively manage the business, especially to develop their own relationships with the Company’s clients.The Company does very little marketing, instead relying mostly on repeat clients and referrals. An energetic new owner, using a more pro-active approach to marketing, will find exceptional opportunities for growth by seeking clients further afield and/or supporting other client requirements.

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Cash Flow $677,000
Revenue $2,900,000
$ Owner Financing Available

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