Return To Opportunities List

Opportunities

Professional & Clerical Staffing Agency

Diversified nationwide client base!

CASH FLOW
$100,530

Specifications

  • Price
    $549,000

  • Revenue
    $2,178,088

  • Cash Flow
    $100,530

  • Location
    Providence, Rhode Island

  • Intangible Assets
    Long-term client relationships, word-of-mouth referrals, well-respected in the community

  • Reason for Sale
    Retirement planning

This staffing agency specializes in fulfilling the needs of their extremely diverse nationwide client base in the professional and clerical fields. Servicing customers that range from small businesses to large corporations, they offer multiple routes of staffing solutions to fulfill any business’s needs. This includes full-service, temp-to-hire, and direct hire staffing and payrolling services. These services can be utilized for part-time, short-term, or long-term opportunities, and several placements have remained in their positions for 10-15 years after placement. Located in Rhode Island, the current staff operates out of a 1,100 square foot leased building with a reception area and private offices that are perfect for interviews and different skills or communication tests. The team consists of 2 FT employees, 1 staffing specialist, and 1 on-call staffing coordinator as well as 55-60 temp employees on assignment. The current owner has offered 1-2 years for a transition/training period to ensure as smooth a move as possible for staff, clients, and the new owner.

 

Certified as a Rhode Island WBE/DBE, many national firms contact this company to partner with them; one such healthcare company was awarded a bid to set up a contact center in Rhode Island and develop the healthcare program for the state. Partnering with this staffing firm resulted in direct hire business for the VP of Human Resources, Business Analysts, Business Consultants, Instructional Designer, and recruiting personnel including skill assessments and language assessments.

 

Having been established 18 years ago, this agency is well respected in their community and are currently receiving 5-10 new orders on a weekly basis. With a turn around time of 2 weeks to 2 months depending on the needs of the client, this business is known for providing exceptional service and always being accessible to their clients.  

 

Priced at $549,000, this business already has an established client pipeline in place with the majority of new business coming from word-of-mouth referrals. A simple opportunity for new ownership to grow the business, and their current pipeline, would be to establish an internet presence consisting of both a website and social media accounts.

Attachments

Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.