Listing ID: 78716
Well-known staffing business available in Tucson. Opened 12 years ago and offer a variety of staffing solutions including Evaluation Hire, Temporary or Contract Staffing, and Direct Hire, across a wide variety of industries and job classifications, including Light Industrial, Skilled Trades, Office Services, and Professional. Excellent reputation in the market. All revenue is verified by the company. Excellent books and records. Contact to sign N D A and receive the specifics. Jeff, (603) 438-2653, Jeffreys.email@example.com
- Asking Price: $550,000
- Cash Flow: $858,544
- Gross Revenue: $4,200,000
- EBITDA: $158,478
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
One of the largest staffing businesses in the U.S.
The venture was started in 2009, making the business 13 years old.
The company has 5 employees and is situated in a building with estimated square footage of N/A sq ft.
The property is leased by the company for $1,794 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 entirely different things. For instance, they might say "I have too many other obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in earnings, or a variety of other reasons. This is why it is extremely vital that you not rely completely on a vendor's word, but rather, utilize the seller's response along with your overall due diligence. This will repaint a much more realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that profit margins are too small. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in brand-new clients? Most times, operating businesses have repeat customers, which create the core of their daily profits. Particular factors such as brand-new competition growing up around the location, roadway building and construction, and also staff turnover can impact repeat clients and also negatively influence future revenues. One crucial thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the better the opportunity to build a returning customer base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? How might the regional mean family earnings impact future earnings potential?