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Placement Agency

| Asking Price: | $750,000 | Inventory: | |
| Gross Revenue: | $728,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $299,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Information taken from tax returns | |||
| Cash Flow Comments: Recast earnings exclude owner salary/perks, int./dep, 'non-essential' and non recurring expenses. | |||
The business is a franchise operation with a good mix of large and small business in its territory. It was sold as a new franchise in 2003 and concentrated on temporary placement its first five years and experienced steady growth. Executive Placement was added as a new line of business in 2008.
About the Business
Franchise:Yes
Facilities:Leased location with 2-1/2 years remaining on the lease with an option to renew for an additional three year term.
About the Sale
Management Training and Support:Experienced employees who have operated the company in the owner's absence can remain.
Reason For Selling:Owners have other business interests.
Seller Financing:Owners will carry up to 25% and bank loans are available to qualified buyers up to $550,000.
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State: Texas
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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