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Staffing Company For Sale With JCAHO & GSA

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $4800000
Net Profit / Cash Flow  $560000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  4 - 5
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  The seller will sign a covenant not-to-compete agreement and is available for a reasonable period of time following the consummation of the transaction.
Reason for Sale  The seller is interested in returning to country of birth, due to death in the family.
Description  The Company is a successful Staffing Company for sale providing Nursing, Administrative and Allied Staffing Services and has achieved the Joint Commission Gold Seal Approval. Staffing programs include: Temporary, Temp-to-hire, Permanent Placement, Contract and Out-Placement services. 90% of the Company's contracts are at least 1-year in length of service. Company is a participating provider to institutional contracts of up to $100 million, with public agencies including: Federal Bureau of Prisons, California Department of Corrections, California State Hospitals, County of Los Angeles, County of Riverside, County of San Bernardino and other counties in CA, State of Texas, GSA Contract holder (Healthcare and Clerical Staffing) and US Department of Veterans Affairs. Company is a comprehensive medical staffing services company with an extensive network of diverse medical professionals in such areas as: Nursing, Mental Health, Dental, Food, Medical, Rehabilitation Therapy, Medical Imaging, Pharmaceutical and Laboratory Services Professionals. The Company's revenue shows growth year over year as follows: 2006- $300k, 2007- $900k, 2008- $2.9mm, 2009- $4.8mm, 2010 Projected- $5.6mm. The Company's adjusted EBITDA also show an outstanding year over year growth as follows: 2006- $18k; 2007- $153K; 2008- $266K; 2009- $560K, 2010 Projected- $720K. Management has a combined experience of over 30 years in the medical staffing industry. Company has set up automated software and paperless operations and a database with over 20k healthcare professionals, which makes the daily operations effortless, as evident based on the revenue and the minimal personnel required to produce such revenue. Asking price $1,750,000 range. Email or contact J.C. Strauss & Craig Trask at 714.784.5489 / 805.491.2091 for more information on this Staffing company for sale.
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