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Temporary & Permanent Staffing Agency

Iowa

Services - Other Business Services | Services - Other Miscellaneous services

Asking Price $3,750,000 Inventory  
Gross Income $10,500,000 Real Estate  
Cash Flow $1,000,000 Year Established 1979
FF&E N/A Employees 22

* included in the asking price

** not included in the asking price

Over 28 Years in Staffing with Strong Reputation

Established in Iowa for over 28 years by current owners. Employs 350 to 700 temporary employees weekly with about 85% working light industrial and 15% in an office environment. 5 locations in strong markets. 2006 sales were up 30% from 2005. 2007 sales were down 8%, but anticiapte 2008 to be 12% better than 2007. 300 active accounts with the largest client less than 17% of sales. 2008 sales will be up 12% to $10.4 million with an average employment of 500 employees weekly. We have strong permanent placement, outplacement and contracting knowledge. Email staffingforsale@yahoo.com for more information and to obtain a confidentiality agreement.

Facilities: 5 locations

Competition: We have "the best" applicant selection process and that drives the business.

Growth/Expansion: We know how to open new offices and have a Temp Industry template for success.

Financing: $1.3 million down, 5 year payout, Receivables not included. Earnouts possible.

Support/Training: Strong management structure is expected to remain following the sale. Owner is available for smooth transition.

Reason Selling: Owner is 67; for sale by owner

AD # 222640

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