Professional and Skilled Staffing Firm

Status
Sold
Close Date
Client Number
A239
Executive Summary

This well-known, long established Company provides professional temporary and direct hire employee staffing and administrative services to a diverse client base in manufacturing, healthcare, business services and government.  In support of the skilled professional staffing services, The Company provides in-house consulting and outplacement services, complete skills testing assessments, HR consulting and new hire employee background and drug testing.      

 

Much of the sales are generated through the company’s 60year reputation for providing quality services and cutting-edge marketing to the loyal regional client base.   Operating from a highly visible location, the company sees continued strength in core services which are benefitting from regional population and economic growth.

 

This opportunity is expected to be an excellent platform for an individual or as an add-on for a strategic buyer who has compatible services or a geographical fit. 

Financial Information
Financial Metrics
2018 Projection 2017 2016 2015
Sales $1,078,497 Sales $1,034,227 Sales $1,345,631 Sales $1,420,509
Cash Flow $126,850 Cash Flow $86,158 Cash Flow $103,318 Cash Flow $132,640
EBITDAS: Earnings Before Interest, Taxes, Depreciation, Amortization and Owners Salary.
Deal Structure
Price
Open to Offer

Location:                               Northeast Illinois / Fox Valley

 

Established:                          1957

 

Ownership:                            “S” Corp

 

Facilities:                               Company Headquarters 1,558 sq. ft.

                                               

                                               

Rent:                                      $3,180.80/mo.

                                                  

 

Hours of Operation:            8:00 am to 5:00 pm Monday-Friday.

                                               

 

Employees:                           2 full time. (3 with owner)

                                                1 part time.

 

Reason for Sale:                  Retirement.

 

Training:                                The owner will assist the buyer during a customary transition                                                                              period and may stay on with the company for an agreeable term.

Other Information
Ownership Type
S Corporation