Search Firm - very nice cash flow
Location: New York > New York County
Industry: Business Services > Staffing
Financials
Asking Price: $251,000
Gross Revenue: $311,097
Cash Flow: $149,262
Inventory: (Not Included in Asking Price)
FF&E: $10,555 (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Business Summary
Established in 1996, this Manhattan-based search firm does far more than the average staffing / head-hunting company specializing in filling the growing need of NYC businesses for bi-lingual and multi-lingual employees. The always profitable company with low overhead, specializes in the search for French-speaking staff, and has strong, pre-existing relationships with companies and executives across a variety of industries. The Firm has successfully located and has placed everyone from receptionists to CEOs.

This is a wonderful opportunity for pre-existing staffing company to add this on as an instantly profitable division or for an investor to purchase as a stand-alone business. Either way, cash-flow will be immediate. Lean and mean with a great cashflow!!
About the Business
Year Established: 1996
Employees: 2 full time - 0 part time
Relocatable: Yes
Market Outlook and Competition: The market outlook is strong considering both the increased demand for bi-lingual staff members due to the global economy coupled with the fact that Manhattan and its surrounding areas have a wealth of capable home-grown and imigrant bi-lingual people from which to recruit. There is little to no competition in this niche sector.
About the Sale
Management Training and Support: Owner is willing to remain on for 2-years to train, facilitate transition of relationships with employers with whom company has worked. Key-employee is willing and eager to remain with the company and assist in the overseeing of long term development.
Reason For Selling: Retirement.

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Listing Tools
BizQuest ID:908859
Seller ID:RD08101
Business Listed By
Name:Matt Reid
Company:Ridge Partners
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