Staffing Agency

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Profitable Franchise Business
Asking Price:
$250,000

Gross Revenue:
$270,561
Cash Flow:
$115,510
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Over the past 35+ years, Franchisor has been providing staffing services to companies, so it has longevity and a well-developed and proven system. Franchisees have owned and operated the existing location since 2009. The business offers contract, direct hire, full-time staffing, part-time staffing, temporary and seasonal staffing, skilled and unskilled labor, and permanent staffing services in King, Pierce, and Snohomish Counties.

About the Business

Year Established:
2009
Number of Employees:
3
Relocatable:
Yes
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,440
Lease Amount/Mo.:
$1,195.00
Lease Expiration:
1/31/2020
Facilities:
The business occupies 1,440 square feet. Current monthly rent is $1,195.00 through 01/31/19. Rent increases to $1,243.00 per month from 02/01/19 to 01/31/20. Lease originally expired on 01/31/18, but was extended 24 months until 01/31/20.
Market Outlook/
Competition:
Staffing is a $174 billion industry, the biggest and fastest growing B2B industry today. While there is competition within the industry, it is partially offset by strength of the Franchisor, given a 35+ year history and proven system for future success. Additionally, there is brand recognition. No direct competition from other franchisees.
Growth & Expansion:
Franchisor offers exclusive protected territory. Franchisees can open multiple locations. There is no additional franchise fee to open more than one location, as long as the location is within their designated market area.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owners are available for support/training during the first 2-3 months. Franchisor offers a full support center including departments in risk management, accounting, marketing, training, system support, administration and IT. Franchisor also offers a 4-5 day operations training session and a 3-day sales training session at their support center in addition to on-site training. There are periodic webinars, classroom, and on-site training, and continuing assistance from a franchise support manager, who acts as a trusted business development advisor.
Seller Financing:
Negotiable

Listing Info

ID:
1574443
Ad Detail Views:
0

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Business Listed by

Chris Ulin

The Quincy Group

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Sponsoring Broker:

Fred Canada
The Quincy Group

U.S. Census Data for King County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for King County, WA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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