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Listing Number:

DV498

Contact Information About this Business

Type of Business:

Employment Staffing Agency

e-mail:

kdavis@novarsgroup.com

Location:

Central Virginia

phone:

(804) 527-1103

Business Description

This company has been offering quality employment staffing in Central Virginia at every occupational level since 1984. They provide excellent service to employees and businesses that include: short and long term temporary placements, temporary to hire placements, direct hire placements, and customized payrolling.

The company specializes in all areas of employment staffing: general labor – clerical – professional level – IT Computer. Their ability to personalize and customize their services to meet the growing demand has been a strategic competitive advantage.

Like most employment staffing companies, sales have been hampered by the downturn effects of the economy. But this company has weathered the down-turn and is poised to gain a strong footing as the economy rebounds with increase demand for temporary employment.

The company is strategically located to provide staffing needs for a growing medical, military, and US federal government expansion.

Owner participation and help is available.

Reason for the Sale: owner retirement

Furniture, Fixtures, & Equipment:

$15,700

Asking Price:

$600,000

Vehicles and/or Rolling Stock:

$N/A

Down Payment:

$Negotiable

Inventory:

$N/A

Accounts Receivable
(if included):

$N/A

Annual Sales Volume:

$1.6 million

Land & Building
(if included):

$N/A

Cash Flow:

$140,000

Other Assets:

$none

Current Liabilities to be Assumed:

$none

Current Notes to be Assumed:

$none