Leading Employment And Staffing Franchise For Sale

Description

Staffing franchise for sale in Montgomery County, Maryland. The local office opened in 2017 and has served employers across suburban Maryland for nearly a decade.

Services

• Temporary staffing
• Full-time placements
• Office and administrative roles
• Manufacturing and industrial staffing
• Finance positions
• Other employer hiring needs

The owner has built relationships with local employers and reports existing contracts with several larger companies.

Financial history

• Historical annual revenue exceeded $350,000
• Historical cash flow exceeded $100,000
• Recent performance has been below prior levels

The seller reports that the business is beginning to recover after a more difficult period. Buyers should review year-by-year financial statements rather than relying only on the stronger historical results.

Franchise support

The business operates under a national staffing brand. The franchisor handles a number of back-office functions, allowing the local owner to focus more heavily on client relationships, recruiting and business development.

• National brand and marketing materials
• Back-office support
• Training for a new owner
• Existing local employer relationships

Transition

The current owner will assist with the transition after closing. Continued operation under the franchise brand will be subject to franchisor approval and the applicable transfer requirements.

Buyers should verify current client contracts, historical and recent financials, gross margins, employee and contractor liabilities, receivables, franchise fees, payroll funding requirements, lease terms and any customer concentration before closing.