Prime Staffing Company For Sale
Business Description
This staffing company was originally founded in 1972 and acquired by the current owner in 2017. It currently serves the Private Sector, Non-Profits, and Non-Government Organizations in the Washington DC Metro area, including Maryland and Virginia. The company’s primary service offering is Temporary staffing, supplemented by Temp-to-Perm and Permanent placements.
Services Offered
The company’s revenue is heavily weighted toward temporary staffing, which offers a robust gross margin.
Service Mix by Revenue Percentage:
Temporary Staffing: 91% of sales
Temporary to Permanent / Permanent: 9% of sales
Highest Margin Products:
Temporary Staffing – 35% Gross Margin
Permanent Placement – 100% Gross Margin
Operations & Facilities
Employees: The company utilizes a mix of salaried, hourly, and bonus/commission-based compensation across roles.
Employee Benefits: Comprehensive benefits include Vacation, Sick Leave, Medical, Dental, and others.
Facility Details: The office occupies 2,200 total square feet with a lease that runs until December 2028 with exit options.
Growth Opportunities
Identified expansion opportunities include leveraging existing expertise and entering new markets.
Specific Expansion Opportunities: Conference Staffing, Accounting / Financial Services, and Information Technology.
Additional Target Markets: Federal Government via Sub-Contractors and Law Firms.
Reason for Sale
The current owner is planning for retirement.
Transition & Support
The sole owner is involved day-to-day in operations. Specific details on the transition plan will be discussed to ensure a smooth handover of operations and customer relationships.
Services Offered
The company’s revenue is heavily weighted toward temporary staffing, which offers a robust gross margin.
Service Mix by Revenue Percentage:
Temporary Staffing: 91% of sales
Temporary to Permanent / Permanent: 9% of sales
Highest Margin Products:
Temporary Staffing – 35% Gross Margin
Permanent Placement – 100% Gross Margin
Operations & Facilities
Employees: The company utilizes a mix of salaried, hourly, and bonus/commission-based compensation across roles.
Employee Benefits: Comprehensive benefits include Vacation, Sick Leave, Medical, Dental, and others.
Facility Details: The office occupies 2,200 total square feet with a lease that runs until December 2028 with exit options.
Growth Opportunities
Identified expansion opportunities include leveraging existing expertise and entering new markets.
Specific Expansion Opportunities: Conference Staffing, Accounting / Financial Services, and Information Technology.
Additional Target Markets: Federal Government via Sub-Contractors and Law Firms.
Reason for Sale
The current owner is planning for retirement.
Transition & Support
The sole owner is involved day-to-day in operations. Specific details on the transition plan will be discussed to ensure a smooth handover of operations and customer relationships.
About the Business
About the Sale
- Seller Motivation
- Retirement Planning
Listing Info
- ID
- 2446784
- Listing Views
Listing ID: 2446784 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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