$38M Staffing Co Asset Sale

Seller Financing Available

Tenured staffing company with loyal customer base

Southern CA-based staffing business with a niche in Light Industrial and Clerical contract staffing. The company continues to grow its weekly business while maintaining competitive gross profit markups. The company has an excellent Work Comp history with very low claims and is currently insured directly by a top-rated insurance carrier with an ex-mod of .55. All clients have exemplary claims history.

The current billing run rate is $745k/week (38.7M) in billing and $93k/week ($4.8M) in annualized gross margin. The company operates from 6 statewide strategic locations near its most loyal customers and associates. The business is very tech-enabled and has well-known payroll and applicant tracking systems. The company has a long and loyal following of contract staff and clients. The team has been together for 10+ years and is very efficient. The staff is well-known within their geographical regions and understands the competitive landscape expertly. The business is very sophisticated (technology, processes, leadership, and infrastructure) and has excess capacity for continued growth. The FYE 24 forecast is set to hit a $50M+ run rate in revenue by year-end, with $7M+ (>14%) in gross margin and $3.54M+ (>7%) in EBITDA.

This business is ideally positioned for a larger strategic acquirer, a merger, or as a platform for PE/VC.

Please send serious and qualified inquiries only. If interested, we will provide you with an MNDA and subsequent CIM to analyze the business.