Ascend Business Brokers
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  EMPLOYMENT AGENCY  

Listing ID: XY775                                                      [Metro West, MA]


Employment Agency for Sale

Financial Information
Asking Price
: $350,000
Gross Income: $425,500
Cash Flow: $125,000
FF&E: $12,000
Financing: Seller will consider financing for qualified industry buyers.

Summary Description
Well run and organized niche Employment Placement Agency, operating in the medical staffing space. The business has very high profile clients, including many local area hospitals, to whom it provides experienced and trainable personnel. Tremendous growth potential and would be a fine acquisition target for a strategic buyer. This listing is strictly confidential. All interested buyers will be required to sign a Nondisclosure Agreement and provide an acceptable Financial Statement prior to obtaining any additional information.

General Information
Competition
: The seller’s gross revenue has increased in each of the last five years due to its superior service due to its superior service.
Growth and Expansion: The medical industry is poised for explosive growth in the next several years due to both the aging of the population and increased government regulation (requiring additional employees to comply with increasingly complex regulations).
Facilities: 1,800 square feet of office space.
Lease: $2,800, per month.
Support/Training: The seller is willing to train the new owner for a reasonable period of time. A longer period of transition, at a reasonable rate of compensation, is open for discussion to the right buyer. In addition, the seller would consider remaining as an employee for a period of time under the right circumstances.
Reason Selling: In order to achieve its potential, the business requires more experienced management.
Year Established: 2003
Employees: 4 full-time employees.


Contact Information

Wayne S. Michals
Tel: 866.970.7050, Ext. 100
Fax: 617.273.2620

Email: wmichals@ascendbrokers.com
Blog: The Business Arc