This is a Healthcare Staffing Business located in Morris County with its current client base in Morris and Essex County. It has been in business owned and managed for two years by a highly experienced and personable industry professional, resulting in capturing a loyal client base with recurring revenue. To successfully begin this healthcare staffing firm’s initial growth, the owner’s credentials included:
- Staffing and placement agency expertise, with a large list of contacts,
- University Instructor,
- Licensed & with multiple Practitioner Certifications,
- Prior Facility Executive Director at several New Jersey Assisted Living facilities.
With greater access to working capital, given the marketplace today and in the future, the ability of this professional or a new owner to achieve significant, high margin growth is unparalleled. Today, this business focus is on New Jersey Nursing Homes, Assisted Living facilities and Substance Abuse Centers. Its repeat revenue is impressive as is the substantial ability to gain additional ongoing client contracts.
The U.S. healthcare market is seeing an unprecedented talent shortage enabling the Healthcare Staffing business to grow significantly and without encumbrance. In New Jersey, Nursing Homes have experienced new demands as an aging population and staff retirements have increased significantly. The industry it serves requires qualified, pre-screened nurses (RN’s, LPN’s, CNA’s and TNA’s) and prefers to use agencies like this business to provide the qualified personnel to staff their shifts. 14 of the 20 fastest growing temporary staffing firms are healthcare focused.
While the ownership has Healthcare staffing experience, its growth has been as result of a strong record of providing the best possible experience to patients, families, and staff. Its client satisfaction and those of their patients has always been at the forefront. Of course, sales and administrative skills and client relationships have been essential as well.
In 2022, its revenue totaled $1.167 million with a net margin greater than 19% or $223K. The current owner is flexible and is willing to stay on to help bring the firm to an even higher level of growth and profitability.
The business began in March of 2021. The asking price is $1,100,000.
