MAJOR TEMP STAFFING COMPANY
(Staffing /Employment, General Staffing; Staffing /Employment, Health Care Staffing Services; Staffin)
Manhattan, New York
Listed Price: $ 5,000,000
Listing ID: XC97463
Listing DetailsDown Payment: $ 3,000,000
Gross Revenue: $ 34,675,000
Cash Flow: $ 1,450,000
FFE: $ 10,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
This company provides customized staffing solutions , connecting highly qualified professionals to Corporate Clients, Fortune 500 Corporations and State Governments across the country.
They specialize in IT Solutions and healthcare professionals.
Currently has between 650 and 700 temps placed on long term contracts with State Government Clients.
PLEASE SEE THE TEMP WORKER ARTICLE UNDER OUR " DOCUMENTS TAB"
Historical Summary:
The company has been in Business for over 25 years.
Owner Qualifications:
PLEASE SEE THE TEMP WORKER ARTICLE FROM " BUSINESS WEEK " UNDER OUR
" DOCUMENTS TAB"
Competition:
This is the leading Temp Staffing Company Working with Various State Government Agencies. The opportunities are endless with the current Financial problems facing the Various State governments forcing them to downsize and resort to ever Growing Temporary employment solutions.
PLEASE SEE THE TEMP WORKER ARTICLE UNDER OUR " DOCUMENTS TAB"
Potential Growth:
The potential Growth is enormous especially enhanced by the ever increasing need for temporary workers due to the current financial woes of the Government and Major corporations alike.
Financing/Terms:
STOCK SALE - CASH Sale price of $ .M includes receivables of $ 1.5M average.
LocationLease Expire: 2020-05-30
Lease Security: 0
Square Footage: 1000
Facilities:
HAS OFFICES IN RHODE ISLAND and NEW YORK .
OperationYear Established: 1985
Days & Hours of Operation: 9-5 m-f
Employees: Full Time: 9
Managers: 2
Absentee Owner: Yes