MergerPlace

Existing PrideStaff Franchise!

Washington (King)


  • Asking Price: $50,000
  • Gross Income: $100,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #211749
  • Established: 2011
  • Employees: 0

Business Description

PrideStaff is a market leader in providing staffing excellence through client service and exceptional job candidates. PrideStaff provides temporary, temp-to-hire, and direct hire placement of office clerical, light industrial and accounting workers, primarily in the niche of small- to medium-sized companies who value customized service.
The well-established Company has been in operation for seven years. The owner would like to transition the Company to new ownership so that he can focus on his other business interests. The market has signif-icant growth potential.
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, financ-ing 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.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provid-ed form. We have automated the processing of NDAs and sending of information for speed and efficiency.
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Business Details

Primary Business Category: Services - Other Services
Location: Washington
County: King

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 0

Financial Information

Asking Price: $50,000
Gross Revenue: $100,000
FF&E: $5,000
Seller Financing Available: No

Property Information

Facilities:

1,157 sq. ft. office with a lease in place until February 2020 and an option for renewal.

Growth & expansion opportunities:

(1) Fast-Growing Market Area: The Territory contains new construction and developing businesses which will increase demand for talent acquisition. (2) High Pay Rates: The area has higher-than-average pay rates which makes for greater profit margin potential. (3) Focused and Hands-On Leadership: The Current franchise owner has split his focus and resources between two businesses. New ownership has the opportunity to place all of his/her resources into the growth of the Company.

Competition:

(1) Large Protected Territory of Established Franchise with High Demand: The Company is located in a fast-growing and desirable territory. (2) Reputable Brand with Impressive Recognition: The PrideStaff brand is highly regarded in the staff-ing and talent acquisition industry. (3) Established and Loyal Customer Base: The Company has a customer base in place – no need to start from scratch! (4) Well-Established and Supportive Franchisor: The PrideStaff franchise is very supportive of fran-chisees to ensure success.

Reason for selling:

The owner would like to focus more on other business interests.

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC