Outsourced Labor Services -Fortune 500 Clients in TriState NY

Westchester County, NY
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Asking Price:$600,000
Gross Revenue:$1,320,000
Cash Flow:$300,000
Established Year:1981
BUSINESS DESCRIPTION

Capitalizing on the strong demand for labor, the Firm provides employee recruiting services spanning contract and temporary staffing as well as permanent placement. Companies rely on this Staffing Firm outsource their skilled labor needs on a contract basis, whereby all employees are employed by the Firm. The Firm also places employees on a temporary and permanent basis. Conveniently located in Westchester, New York, enables coverage of a wide territory including Manhattan and southern Fairfield County in Connecticut. Client base ranges from sole practitioners to Fortune 500 employers in several industries. Services high-growth niche businesses in light industrial, professional services, tech, construction and non-clinical medical.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
5
Facilities
Currently using co-working facilities. Can be home based
Competition
Business has established clients and deep employee data base and focuses on niche industries. As a result they are able to reach fill rates of over 90% and employee turnover rate of 5%; which creates client "stickiness" and employee loyalty and very little competition.
Growth & Expansion
Growth includes expansion into other service categories, including licensed professionals in health-care, law and business as well as growth in permanent placement. Also ideal for existing staffing firms to expand in high-demand market of Tri-State NY market.
Support & Training
Seller willing to train through successful transition
Reason for Selling
Owner's are retiring
Home-Based
This business is Home-Based
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Andy Castellaneta
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Andy Castellaneta