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left76200 Phone: 402.998.5288Confidential@ID#: OFF005FOR SALE: Niche Staffing Agency for Chemical Plants, Biotech Labs & Refineries Temp-to-hire serving 75% in Texas and 25% nationwide!Financial OverviewList Price:$835,000Gross Sales 2019: $3,700,380Owner Profit/Cash Flow2020: $568,145 Annualized2019: $238,526Multiple: 3.25Valuation: 3 Yr. [‘18-‘20] Ave. Cash Flow x Multiple = Valuation $294,841 x 3.25 = $958,233Funding ExamplePurchase Price:$835,00012% Buyer Down Payment:$100,20022% Seller Financing:$183,70066% Bank Loan:$551,100A 10% down payment of $100,200 returns $180,324 in the first year after debt payments, which results in a 180% return on investment.DescriptionThis temp-to-hire and staffing agency serves 75% in Texas and 25% nationwide! The owner lives out of the country, so this agency is selling at a low multiple of 3.25 and is discounted $123,000. With a passive owner, 5 talented staff members are in place bringing in over $3.7 million in sales. Specializing in scientific industry staffing since 1994, this agency in Houston, Texas has placed highly skilled candidates for some of the world’s largest chemical companies. Employers throughout the state and across the U.S. know they can depend on this company to find just the right match for specific skilled positions such as technicians, chemists, operators, biologists, and lab techs. Using top-notch recruiting software called Bullhorn, this highly focused team includes 2 recruiters, 1 HR coordinator, 1 AP/AR staff, and 1 payroll manager. Their comprehensive database of over 180,000 candidates has allowed them to expand all over the nation to assist employers in chemical, environmental, biotechnology, and engineering industries. Believing in the company, the seller carry is at 22%.This agency prides itself on tremendous client relationships, a competitive candidate pool, and they are passionate about career development. They offer matches for contract, temp-to-hire, direct hire, and payroll management. Filling such positions as Product Development Chemists, Research Chemists, Instrumentation Technicians, Quality Control Chemists, and Quality Control Laboratory Technicians, laboratories and chemical plants seek this qualified team out to find the right person for specialized jobs. With a well-established reputation and a strong returning client base, this business has invaluable word-of-mouth advertising in a continuously high-demand industry. Increasing client relations and business development, as well as expanding social media and marketing efforts would lead to incredible revenue growth.Discount (due to seller living out of the country): $123,000Business InformationYear Established: 1994Location: Houston, TexasService Area: Primarily statewide (75%) and throughout the U.S. (25%)Services: Staffing/temp-to-hire services, specializing in scientific industry Clients: Chemical plants, petrochemical plants, refineries, biotech labsLease: 2,200 sq. ft.: 3 offices, 1 breakroom, open workspaceReason for Selling: Retired out of the countryPersonnel: 5: 3 FT (2 recruiters, 1 HR coordinator), 2 PT (1 AP/AR staff, 1 payroll) Seller Training Period: 6 monthsGrowth Opportunities: Increase client relations/business development, expand social media/marketing effortsIntangible Assets: Well-established for over 25 years, strong returning client base, word-of-mouth advertisingCurrent Owners’ Responsibilities: Lives out of the country, oversees remotely - CONFIDENTIAL - Last Revised CMH 10.13.20The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC.The Firm does not sell real estate. The Firm solely advises on exit strategy. ................
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