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Top-performing Healthcare Staffing Business With Long Term Contracts In Michigen For Sale

Michigan, US
Asking Price:
$5,600,000
Sales Revenue:
$17,655,145
Cash Flow:
$1,414,178

On track for 50% growth this year

This top-performing franchise provides full-service medical staffing as well as home health care throughout the state of Michigan. They have several long-term state contracts that will continue to provide the opportunity that has enabled the tremendous growth that this company has achieved. They grew over 100% from 2021 to 2022 and are tracking over 50% growth in 2023. On the staffing side, they provide 24x7 support through their highly skilled staff which includes physicians, nurses, mental health and forensics professionals, and home care workers. They work in a variety of settings that include hospitals, assisted living and long-term care facilities, and state and local correctional facilities. With multi-year contracts in place, this business is poised to continue growing at a very impressive rate. They are accredited by The Joint Commission.
They serve the entire state and have two leased locations. One is 1,800 square feet and this is the primary location. It has excellent signage visible from the road. They also have a satellite location that is 600 square feet to serve people closer to that office.
They serve the entire state of Michigan, so the market is vast. Earning the state contracts has put them in a very competitive position as most of the contracts have only about 7 vendors serving each contract. This company provides excellent service and is often the first choice to fulfill new assignments and they get contacted directly ahead of the competition.
With state contracts that will continue for several more years, there is an opportunity to continue the growth they have achieved over the last few years. The company recently won a new state contract to provide non-medical office staff. This is a testament to the exceptional service they have provided on the medical side.

Property Information

Real Estate:

Lease

Size in square feet:
1,800 sq. ft.

Business Operation

Reasons for selling:

The owner wants a change.

Employees:
200
Years established:
12

Franchise Information

Franchise opportunity:

Franchise Resale