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Temporary Help Business Grosses $5M

Rhode Island

Services - Other Business Services | Services - Other Miscellaneous services

Asking Price $3,250,000 Inventory  
Gross Income $5,116,555 Real Estate  
Cash Flow $872,249 Year Established 2001
FF&E N/A Employees 200+/-

* included in the asking price

** not included in the asking price

Great business for sale

This business provides unskilled labor to industry. In some cases is acts as the employer of non management personnel for its clients. It has developed a system for recruiting a highly reliable workforce of predominantly Spanish speaking immigrants. The majority of the job placements are well above minimum wage and are highly desirable to this personnel pool. The Business currently has revenues of $5,000,000+ and an Owner's Cash Flow of $800,000+. There is a general manager who manages all personnel. The owner handles sales, general management duties and oversees payroll which is done by a local CPA firm. All of its policies and procedures comply with immigration law (this has been verified by an Immigration Attorney).

Facilities: The business is operated out of very basic office space. The furnishings and equipment are minimal since most administrative requirements are outsourced.

Competition: The business dominates its market. It is 100% customer service committed which minimizes attrition.

Growth/Expansion: The business currently provides only "blue collar" temporary help for labor intensive jobs. There is a substantial opportunity to utilize its expertise by providing staffing in additional business segments.

Financing: To be determined based on deal structure

Support/Training: Seller/founder will provide whatever training is required.

Reason Selling: Other business opportunities

AD # 338818

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