PrideStaff, one of the nation’s most prestigious staffing Franchises, has an existing location for sale in Charlotte. Pridestaff provides temporary, temp-to-hire, and direct hire placement of office clerical, light industrial and accounting workers for small- to medium-sized companies.
This location has been successful in generating consistent revenues and profits since it opened in 2011. The owner purchased the franchise as a part-time business after retiring from the corporate world and on-ly works 2 days per week. Many growth opportunities exist within the franchises’ territory as the area has not been aggressively marketed. The owner would like to sell the company so that he can make a full tran-sition into retirement. This is a unique opportunity for a new owner to jump in to an already profitable business, at an affordable price, and have the opportunity to grow the business through a more focused leadership.
In the words of the owner, “A prospective buyer will find a business that is well thought out combining the solid ethical business practices learned in my 40+ year career along with the proven business formula of-fered by the very successful back office of PrideStaff. PrideStaff has been recognized nationally among the top 1% of all staffing agencies in the country as rated by its clients and those talented individuals we have placed.”
The PrideStaff Franchise was established in 1978. Staffing is one of the top ten fastest growing industries in the nation and has been for over a decade. The industry steadily grows regardless of the economy. In re-covery times, when consumer confidence is high and people are spending, yet hiring confidence is low, the use of temporaries in the workforce increases.
The PrideStaff Franchise offers incredible ongoing support through exclusive franchise territories, financing to pay temporary employees’ salaries including payroll and insurance costs, exclusive rights to the PrideStaff name and trademark to develop a staffing business within a protected area.
PrideStaff has also been ranked in Forbes Magazine, for the third straight year, as one of the top five “Na-tional Leading Providers” in the Staffing Industry out of a field of more than 7,500 staffing agencies na-tionwide. FranNet honored PrideStaff with the coveted “Commitment to Excellence” award.
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1450 sq. ft.
(1) Office Staff Market: Further penetration into the office staff market, especially with middle man-agement positions could prove to be a very successful move for the Company. A low unemploy-ment rate can be a challenge to the light industrial staffing market but can easily be offset by shift-ing more emphasis on to the office staff market. (2) Deeper Territory Penetration: The Company has a great opportunity for growth in its current terri-tory. The large territory is still ripe for penetration as current ownership notes consistent sales ef-forts throughout the entire territory as a significant growth opportunity. (3) Lower & Manage Internal Costs: Current ownership believes there are further opportunities to boost an already high gross margin by reducing insurance and staff costs.
(1) Large Territory of Established Franchise (2) Name Recognition and Solid Reputation (3) Strong Demand for Staffing Services (4) Well-Established and Supportive Franchisor
The owner would like to transition into full retirement.
Ownership is willing to provide reasonable and customary transition assistance.