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Spherion Staffing & Recruiting

Established Little Rock Staffing Agency In Little Rock For Sale

North Little Rock, Arkansas, US
Asking Price:
$197,250 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

Spherion Staffing & Recruiting, a national staffing and recruiting provider with a 75+ year history, has several resale opportunities available now. A resale offers immediate cash flow, an established client base, a turn-key office, and internal staff. You’ll need to bring a hunger for growth, the desire to exceed your customers' expectations through extraordinary service and relationships, and the talent to develop and coach your team to success.

Spherion offers a proven model, exception and continual training, full support for marketing and technology infrastructure, and comprehensive back office support for your staffing employees payroll, benefits, taxes and insurance, and the billing and accounts receivable to your customers. Even more importantly, the Spherion franchise owner community is there to support you, cheer on your success, support you during the difficult times, and celebrate together when we all win. It’s an extraordinary environment and experience that is difficult to duplicate in a corporate setting.

The ideal Spherion franchise owner is an entrepreneurial-minded person who desires to be their own boss with the support and resources a national company can offer. While we prefer some level of business experience, our franchisees come from all walks of professional life: business, finance, education, law, retail, sales, and more. Sales experience and staffing experience are required.

We have military veterans, first-generation business owners, and multi-generational owners in our franchisee family. Spherion franchisees employ a strong work ethic and collaborative leadership strategies to create a legacy while providing employment opportunities that better the communities they live in. A clear supermajority (98%) enjoy operating their business and being part of Spherion, while 100% are likely to recommend our franchise opportunity to others.**

Our Little Rock office has been in successful operation since July 2015. The current business mix is 60% light industrial, 20% administrative, and 20% direct hire. The owners are ready for their next chapter and looking for an energetic entrepreneur to take over the location and continue serving this booming metro area. With the average Spherion franchisee generating $6 million in revenue in 2023, there's plenty of financial opportunity in the heart of the Natural State. And with adjacent territories open, there's also plenty of opportunity for future growth!

*This data is based on 67 franchisees that were open and operating their businesses for at least one full year as of 12/31/23. Of these 67 franchisees, 18 of them (26.9%) surpassed the average annual sales stated above, and 18 of them (26.9%) surpassed the average annual gross profit stated above. Some outlets have earned these amounts. Your individual results may differ. There is no assurance that you’ll earn as much. Please review Item 19 of our April 29, 2024 FDD for more information.

**Franchise Business Review survey, December 2023

Property Information

Real Estate:

Lease

Lease Terms:

Lease does not include a non-compete agreement.

Leasehold Rent:

$10,200 per annum

Location:

Located in an office park just west of I-430.

Size in square feet:
1,500

Business Operation

Expansion Potential:

Our initial contracts are for 10-year periods with the ability to add on multiple units within that time frame. Currently, there are no occupied Spherion territories adjacent to the Little Rock market making this territory an ideal place to purchase and expand your own staffing business.

Competition / Market:

The Little Rock-North Little Rock-Conway metro is home to more than 366,000 working residents. Arkansas has an estimated 27,400 temp workers weekly with an annual payroll greater than $929 million. Staffing Industry Analysts predicts the US staffing industry (excluding nurse staffing) will reach $184.6 billion in 2024. Spherion is bullish on that projection. We expect employers' demand for flexibility & scalability to continue fueling demand for our services.

Reasons for selling:

Owner has successfully run the business for almost 10 years and is ready for their next chapter.

Trading hours:

Monday to Friday, 8 am - 5 pm Central time

Employees:
3
Years established:
2015

Other Information

Support & training:

Our support is our signature: You'll receive 380+ hours of comprehensive role-based training before and after opening. Periodic training addresses client development, legal requirements, marketing, and sales. You'll be supported by a dedicated portfolio leader who is available to answer questions and strategize with you, as well as by a national marketing team.

Furniture / Fixtures value:
$13,013 - included in the asking price
Related Documents: