MergerPlace

Profitable Caribbean HR and Payroll

Nassau, Bahamas


  • Asking Price: $649,900
  • Gross Income: $444,314
  • Cash Flow: $262,314
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $75,000
  • Listing ID: #214586
  • Established: 2007
  • Employees: 8

Business Description

A profitable and well-established management firm. Providing HR and Payroll solutions for the corporate world including many American and European clients, who desire to operate within the Caribbean. Designed specifically to assist the employers within the Bahamas and at least 10 other countries. A Caribbean based business, with services that consists of about 60% Payroll (PEO & Employee Leasing) and 30% HR (Executive Recruiting, Training, Placements). The owner is seeking to retire from the industry, but will be amenable to a reasonable transition period, for a qualified buyer. There is a fully trained staff in place and a fully equipped office from which all operations are handled. A prospect should have HR and or Payroll experience. Excellent books and records, however this is NOT an American company. *All financials are in Bahamian Dollars which are currently equal to the U.S. Dollar. Please refer to listing 0101915758, business broker Thomas Milana when you inquiry about this listings.


Business Details

Primary Business Category: Services - Business
Location: Bahamas
Metropolitan Area: Nassau

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $649,900
Gross Revenue: $444,314
Cash Flow: $262,314
FF&E: $75,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 5700 Square Footage: 1750 Building Type: Office Space Terms & Options: TBD Expiration Date: 9/30/2021

Competition:

Non Compete : Miles: 100 Years: 5

Reason for selling:

Retirement, Life Commitment

Support & Training:

For 4 weeks at no cost

Contact Business Seller

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Business Listed By:

Thomas Milana

Transworld Business Brokers