Looking for a buyer.
Staffing and Long-term Positions for Military and Government Agencies! 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. 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. 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 $2,600,000, 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 $260,000 will return $325,197 in the first year after debt payments which is a 125% 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.

listing type
exclusive representation
Business Services
New York City, NY, USA
proposed price
owner financing
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