Hot Listing

Outsourced Labor Services -Fortune 500 Clients in TriState NY

Asking Price$600,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,320,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Outsourced Labor Services -Fortune 500 Clients in TriState NY


Asking Price$600,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,320,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Capitalizing on the strong demand for labor, the Firm provides employee recruiting services spanning contract and temporary staffing as well as permanent placement. Companies rely on this Staffing Firm outsource their skilled labor needs on a contract basis, whereby all employees are employed by the Firm. The Firm also places employees on a temporary and permanent basis. Conveniently located in Westchester, New York, enables coverage of a wide territory including Manhattan and southern Fairfield County in Connecticut. Client base ranges from sole practitioners to Fortune 500 employers in several industries. Services high-growth niche businesses in light industrial, professional services, tech, construction and non-clinical medical.
About the Business
Years in Operation
44
Number of Employees
5
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
Currently using co-working facilities. Can be home based
Market Outlook / Competition
Business has established clients and deep employee data base and focuses on niche industries. As a result they are able to reach fill rates of over 90% and employee turnover rate of 5%; which creates client "stickiness" and employee loyalty and very little competition.
Opportunities for Growth
Growth includes expansion into other service categories, including licensed professionals in health-care, law and business as well as growth in permanent placement. Also ideal for existing staffing firms to expand in high-demand market of Tri-State NY market.
About the Sale
Seller Motivation
Owner's are retiring
Transition Support
Seller willing to train through successful transition
Listing Info
ID
2070388
Listing Views
3750

Contact Seller

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Business Listed by: Andy Castellaneta Transworld Business Advisors

Listing ID: 2070388 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. See our full Terms of Use. Learn how to avoid scams.


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