Staffing Agency with 800+ Placements for Sale in Six Locations
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Asking Price
$7,950,000
Detailed Information
Business Description
This long-standing staffing agency has completed over 800 successful placements and specializes in temporary, temp-to-hire, and direct-hire positions across industries like manufacturing and logistics. They provide staffing services for roles like forklift drivers, production workers, and logistics personnel to a diverse client base that includes Fortune 500 companies. The company operates from six locations and has a dedicated team of 11 staff members. The business is being sold due to retirement planning, and the seller is willing to offer a transition period of 1-2 years post-close and finance 20% of the purchase price. Priced at $7,950,000, a 10% down payment of $795,000 can yield a return of $1,052,205 in the first year after debt payments, equating to a 132% return on investment. The sellers see opportunities for growth by expanding regionally and implementing a stronger marketing strategy to attract more clients and candidates. In summary, this staffing agency