Staffing Agency – Well-Established- Irvington, NJ
Location: New Jersey
Industry: Service Businesses
Listing ID: 10112021
This is an established staffing agency in an excellent location with training facilities on site and big growth potential. Owner is seeking a buyout plan and a hands-on equity partner with administration and marketing skills to assist with growth plans. The business has existing employment and non-medical health care licenses as well as pending Medicaid approval.
The agency helps fill temporary positions, temp-to-hire positions and direct-hire positions for light industrial and non-medical health care needs by matching existing employees who are well suited for the role or advertising the role for qualified job seekers to see. They also offer transportation services for workers as well as employment and home health aide training services to help potential job seekers gain needed employment skills.
• Price: $150,000
• Annual Cash Flow: $60,000
• Gross Revenue: $500,000
• Rent: $1
• FF&E: $90,000
• Down Payment: Negotiable
Owner is seeking an equity partner to help him continue with growth plans, assist with day-to-day operations, transition to take over and buy him out in 3 to 5 years, possibly sooner. While owner is not ready for retirement just yet, he will also consider an outright sale
Gross Revenue: $500,000
Cash Flow: $60,000
Reason For Sale:
Owner is seeking an equity partner to help him continue with growth plans, assist with day-to-day operations, transition to take over and buy him out in 3 to 5 years, possibly sooner.
Training & Support:
Owner will provide training and support to ensure a smooth transition.
Employees: 1 FT 1 PT
Type of Location: Single Location.
Square Footage: 1200
There is plenty of room for potential growth and expansion.