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Opportunities

Staffing Firm Focused in IT Industries

Sold

Seller will carry 25% as a sign of good faith!

CASH FLOW
$335,316

Specifications

  • Price
    $1,350,000

  • Revenue
    $2,867,940

  • Cash Flow
    $335,316

  • Industry
    Professional: Financial/Office Services

  • Reason for Sale
    Health concerns

  • Valuation
    $1,342,931

 

This staffing firm has 100% repeat clients which have multi-year contracts, focused in the spaces of Banking, Insurance, Agriculture, Government and Health Care. They place 20+ staff including software engineers, project managers, analysts, and scrum masters. For more than 2 decades they have served primarily Iowa and the surrounding states. This company is doing little to no business development, which would be a great opportunity for growth. There Is 1 recruiter, 1 VP of sales, and an office administrator. The reason for sale is health concerns of the absentee owner. Most importantly, the active owner has offered a 2–3-year transition where he will also finance and roll equity for a total combined amount of 25%.

Priced at $1,350,000, a 10% down payment of $135,000 returns $209,772 in the first year after debt payments! Resulting in a 155% return on investment! This is a niche market in the Des Moines area which is home to Wells Fargo, Hy-Vee, Principal Financial and Amazon Distribution – which all need these on-site services

 

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

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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.