Listing ID: 82323
This Staffing Agency in Eastern Nebraska has been established for over 35 years. They offer Evaluation Hire, Temporary or Contract Staffing, and Direct Hire, across a wide variety of industries and job classifications. The new owner will have immediate access to a database of resumes and a large Internet presence. If real estate would ever be included in the transaction, it will be handled by a licensed Real Estate Broker. For more information on this Staffing Agency for sale in Eastern Nebraska call Roger Edgar or Ingrid Reynolds @ Sunbelt Business Brokers @ 402-827-3190.
- Asking Price: $550,000
- Cash Flow: $215,185
- Gross Revenue: $2,091,190
- EBITDA: N/A
- FF&E: $25,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 1984
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
other business pursuits
The venture was established in 1984, making the business 38 years old.
The company has 2 employees and resides in a building with disclosed square footage of N/A sq ft.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. Nonetheless, the genuine factor vs the one they tell you might be 2 totally different things. As an example, they might state "I have a lot of various obligations" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be justifications to attempt to conceal the reality of changing demographics, increased competition, recent decrease in earnings, or an array of various other reasons. This is why it is really essential that you not count absolutely on a vendor's word, however instead, utilize the vendor's answer combined with your general due diligence. This will repaint an extra reasonable picture of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans so as to cover items like inventory, payroll, accounts payable, etc. Remember that in some cases this can indicate that revenue margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that need to be fulfilled or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area bring in new customers? Often times, operating businesses have repeat consumers, which develop the core of their day-to-day earnings. Particular factors such as brand-new competition sprouting up around the location, road construction, as well as personnel turn over can affect repeat customers and adversely influence future incomes. One vital thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the possibility to construct a returning consumer base. A final thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? How might the local average family earnings impact future income prospects?