This staffing firm has 100% repeat clients who 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 absente
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.
