Staffing Specialist Company

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Background

BizEx ID:BizEx1402-CG
General Location:SoCal\NoCal, CA
Category: Staffing
Software & Technology
Years in Business:9
Under Present Owner:9
Hours of Operation:8-5
Owner Hours:8-5
Training:4 Weeks weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:2023
Lease Options:5 Yr renew
Building Size:
Employees:10
Reason for Sale:Increase revenues with increased staff-GROWTH!

Financials

Asking Price:Call
Down Payment:Negotiable
Gross Sales:$6,415,000
Discretionary Cash Flow:$1,216,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$2,800

2021 2020* Covid19 Lockdown 2019
Gross Sales $ 6,415,000 $ 4,501,670 $ 3,406,000
Gross Profit $ $ $
Disc. Earnings $ 1,216,000 $ 315,500 $ 924,000

Description

This staffing company was founded In 2013 and has grown to almost  $7,000,000 in the last 10 years.  Revenue for 2021 was $6,415,000 and EBITDA was $1,299,000. Offices are located in two key cities in Northern and Southern California.  the owners and recruiting staff place "direct hire' personnel as well as temporary personnel. Ownership is tech savvy and makes @25-30% of its placement in the very high demand SAAS segment. Both partners in ownership had enjoyed multiple years of successful placement experience with multi national staffing firms prior to this enterprise. They enjoy two offices in their respective areas with their placement personnel present at each location. My client has risen to become an INC magazine 5000 honoree. The owners are willing to sign a contract for up to three years after closing.so that they can continue to participate and steer the company to increase revenues and net profits.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Charles Graziani
M&A Advisor/ Staffing Group
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 131
Direct: (312) 404-4771
Lic#: 01906842

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations