MergerPlace

25 Yr Independent Staffing Company

Cincinnati, Ohio (Hamilton)


  • Asking Price: $2,559,000
  • Gross Income: $7,204,000
  • Cash Flow: $790,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #217357
  • Established: 1994
  • Employees: 10

Business Description

The seller (and founder) of this company has grown this staffing company to over $7,000,000 in sales. They provide temporary, temp to hire, and direct hiring services to a large network of companies in the Greater Cincinnati area. This is a full – service staffing agency that serves a wide range of industries, including light industrial, office and clerical, technical, and many other specialty industries. They provide solutions for everything from office entry level to the executive level. The business is offered as an asset purchase, free and clear of debt. Owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights also include:

SBA loan qualified
Potential to be franchised
No accounts receivable issues
Long - term and young employees
Large network of long - term employers
Long established business in its industry
Clean books and records – all numbers are verifiable
Much growth potential with adding offices and full - time salespeople
Real estate available to be purchased in addition to business asking price


Business Details

Primary Business Category: Services - Business
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $2,559,000
Gross Revenue: $7,204,000
Cash Flow: $790,000
EBITDA: $790,000
FF&E: $5,000
Seller Financing Available: No

Property Information

Facilities:

The office space / condominium is very nice and large enough to support expanding the business. The condominium is for sale in addition to the asking price for the business.

Growth & expansion opportunities:

The business could easily continue its growth pattern in several ways. One would be to open new offices. Growth could also be achieved by hiring additional sales personnel.

Competition:

To be successful in this industry, one needs to have a great staff – and a great staff, they do indeed have. The sellers truly do care about their staff and their clients. As a locally owned company that has been operating for more than 25 years, they have a vested interest in the community and strive to deliver honest service with integrity. No client’s needs are too big or too small.

Reason for selling:

All goals have been accomplished with over 25 years of ownership.

Support & Training:

Owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers