Back to Top

#Business ID: 12938

Get Email Alerts Add to Shortlist
View Shortlist

Staffing Company

Business Location: Orland Hills, Will, Illinois, United States

Asking Price: $ 2,215,000 Revenue: $ 7,527,214 Cash Flow: $ 252,147

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

Southwest Suburbs of Chicago Sale includes: the Property, the Business, all Equipment & all Fixtures.
Purchase Price / Real Estate = $1,225,000
Purchase Price / Business = $990,000 plus receivables
Total Purchase Price / Business & Real Estate = $2,215,000 plus receivables

This staffing company has been operating for more than 20 years. The current owners are the original owners and started the company from scratch. Their primary focus is Light Industrial and they also do some Clerical/Secretarial and specialized categories like Blacktop work & Engineering. They own the building they operate in & the building is included in the sale. They don t occupy all of the building. They occupy about 3,712 of the 10,666 sq ft building. Some of the other space in the building is occupied by other tenants and some space is available for expanding & growing the business. Their sales have been increasing year over year, so expanding is a real possibility. They also have a 2nd location about 15-20 minutes away. The 2nd location is leased and the lease is year to year, so a new owner could simply finish the current lease and operate exclusively out of the main office.
Asking Price/Business & Real Estate: $2,215,000 plus receivables
Gross annual sales (approximately): $7,527,214.00
Cash flow (approximately): $451,002.00
Value of furniture, fixtures & equipment (approximately): $85,000.00
Value of real estate (approximately): $1,225,000.00
Building, Property details (approximately): The annual real estate taxes are +/- $21,699. The lot size is 3.2538 acres. The building is 10,666 SF (including attached 2-car garage). Property Type: 8-unit office building.

Property Details

Years Established:

1991

Property Type:

Real

FF&E:

$ 85,000

Real Estate Value:

$ 1,225,000

Other Business Details

Competition:

Even with increasing sales, there s still plenty of room for growth. One amazing detail about this company, is that they really only focus on part of Will and Cook counties. Expanding into other areas of Illinois, as well as other states, is a tremendous opportunity for growth. There s also the opportunity to expand into other employment/staffing categories. They are only focusing primarily on Light Industrial. Another area of opportunity, is that this business currently places employees manually, while many other companies do it electronically.

Expansion Potential:

While many staffing companies went completely out of business, this business has actually seen an increase in sales ever since 2009. This was primarily due to their family atmosphere and excellent reputation. They have such a strong reputation for service & dependability, 2010 sales were up from 2009 and 2011 sales are up from 2010. 2012 sales should also see an increase, mainly due to them signing a big new client in December of 2011. This business is definitely headed in the right direction.

Business Operation Details

Employees:

11

Support & Training:

While the current owners would like to sell the business & property and retire, they are open to sticking around (on a consulting basis) to assist the new owner(s) in experiencing a smooth transition after the sale. The length of time they are willing to stick around will vary, depending on the buyer(s) needs and the compensation offered.

Miscellaneous Details

Financing Available:

Yes
Owners will consider financing up to 25% of the purchase price.

Reason For Selling:

The current owners have health issues, resulting in the decision to sell.

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from SellAnyBusiness.com
 I have read and agree with the Terms & Conditions & Privacy Policy

SellAnyBusiness.com

Copyrights © 2020 All Rights Reserved by SellAnyBusiness.com



BUY OR SELL SAFE

Follow your passion - find and buy the business that fits your dream. Buy it Safely!!