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#Business ID: 12940

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Staffing Business

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

Asking Price: $ 990,000 Revenue: $ 7,527,214 Cash Flow: $ 229,446

[Furniture / Fixtures included]

Business Summary

Southwest Suburbs of Chicago Sale includes: the Business, all Equipment & all Fixtures.
Purchase Price / Business only = $990,000 plus receivables
This business is a staffing company providing staffing needs for companies throughout the Chicagoland area, primarily Will and Cook Counties. Their primary focus is in Light Industrial (about 92% of sales) with a secondary focus in Clerical/Secretarial (about 4% of sales). They also handle some specialized categories such as Blacktop work & Engineering (about 4% of sales). They are privately owned and have been operating for more than 20 years.

Property Details

Size:

The occupied space is 3,712 sq. ft.

Years Established:

1991

Property Type:

Real

FF&E:

$ 85,000

Real Estate Value:

$ 1,225,000

Other Business Details

Competition:

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.

Expansion Potential:

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 (with software programs specifically designed for this).

Business Operation Details

Employees:

11

Trading Hours:

Monday Friday: 8:00am 5:00pm Saturday: Closed Sunday: Closed

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 & want to retire.

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