Turnkey Boutique Legal Staffing Agency in Top Atlanta Market
Asking Price: | $1,250,000 |
Gross Revenue: | $2,400,000 |
Cash Flow: | $450,000 |
Established Year: | 2007 |
Significant opportunity to build on well-established and flourishing Atlanta-based recruiting firm specializing in legal staffing. The staffing industry is $200 million and growing, and the outlook for the legal field is robust. This firm has an excellent reputation and client base and offers the full complement of staffing arrangements (contract, contract-to-hire, direct hire and MSP/VMS) in a highly desirable niche market with high margins. Certified as a Women’s Business Enterprise by the Greater Women’s Business Council and named one of Atlanta’s best employment agencies.
Company Highlights
• Recruitment across multiple business functions – emphasis on legal staffing but also administrative/clerical and professional positions
• Mix of direct hire, contract, temp-to-hire and high-volume contract staffing (MSP/VMS)
• Stable, diverse and growing client base among law firms and Fortune 500 corporations
• Strong branding in Atlanta legal community and among job seekers
• Visible social media presence with 9000+ followers and 4.5 star google review rating
• Solid in-house team of 3.5 FTEs
• Candidate database of 20,000+
• Since 2017, among select group of vendors in high-volume staffing program for premiere Fortune 100 client
• Expertise in use of offshore Recruitment Process Outsourcing (RPO) for high-volume staffing
• Compliance with nondiscrimination and affirmative action requirements for federal government contractors (EEO, VEVRA and OFCCP; WCAG 2.0 and AAP) that can be leveraged for other clients interested in DEI initiatives
The Opportunity
• Large addressable market with substantial growth potential through multiple channels
• Strong recurring revenue from established client base AND high-volume MSP staffing
• Launch of attorney recruiting in 2023 presents additional growth opportunity
• Efficient operations with readily realized cost savings and bottom-line impact for a staffing firm buyer through elimination of duplicate back-office functions and operational costs
Key Financials
• Demonstrated solid revenue growth averaging 15% per year
• Profit growth over 20% per year
• Exceptionally strong margins above industry average
• Zero bad debt in 17-year history