Established Staffing Agency, 800+ Placements.

Featured on BizBuySell.com . 24 viewed

Asking Price

$7,750,000

FOR SALE - ACTIVE

Detailed Information

Location

Newark, NJ (Essex County) (Relocatable)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This staffing and recruiting agency is well-established with over 800 placements and a focus on temporary, temp-to-hire, and direct-hire positions in industries such as manufacturing, warehousing, and distribution. They offer staffing services for roles like forklift drivers, assembly workers, production workers, pick and pack personnel, and logistics workers to a variety of clients, including Fortune 500 companies. The company operates from six locations and is being sold for retirement planning, with the sellers offering a transition period and financing options. The team consists of 11 staff members, including a Vice President, Payroll Manager, and recruiting personnel, serving commercial and industrial businesses with warehousing and logistics operations. With a price of $7,750,000, the sellers have highlighted growth opportunities like regional expansion and improved marketing strategies to attract more clients and candidates. The seller maintains a general oversight role and will collaborate with the recruiting team during the transition period post-sale. This agency's strong track record with W2 employees

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Listed By:

Name : Jared Olson

Phone Number : Show Phone number

Jared Olson typically replies in about 7 minutes

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