Staffing And Long-term Positions Government Agencies In New York For Sale

Provides labor across all 50 states, they recruit and place
personnel in diversified positions including receptionists, data
entry, IT support, Training Leads, and Program Managers to
name a few. Of the services provided, Administrative Support
makes up 72% of their services, Program Management is 10%,
Logistics makes up 15%, with IT only at 3%. Their highly trained
staff is made up of 1 Controller, 1 In House Counsel serving as
HR and Foreign Security Officer, 1 Business Development
Representative, and 3 Admin, along with roughly 70 billable
contract staff. This business operation is very similar to a staffing
agency, they provide staffing & labor for military branches and
federal agencies such as the Navy, Air force, DOT, DOL, and
DOD. The working capital of nearly $400,000 will be given to the
buyer and, with the low equipment needed, capital expenditure is
nil. While there are two owners, one is absent and would not
need a replacement moving forward, and the other is willing to
stay on board for 2-3 years post-close to ensure a smooth and
successful transition and ongoing growth. As a show of good
faith, the current owners are willing to carry 15% of the financing.
This is to help prove their vested interest in the ongoing success
of the company.
Priced at $2,575,000, this business is perfectly positioned for a
buyer to step in and continue the already consistent year over
year growth trends. A down payment of $257,500 will return
$335,009 in the first year after debt payments which is a 130%
return on investment! Overall growth opportunities include
expanding on the current potential for IT contracts, a great
opportunity for a tech business to expand their services and
expand their client base into the government sector