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Assisted-stretching studio for sale in Bloomington
Bloomington, Indiana
Industry:Health and social services
Established:2023

Description: Business Description Get in on the ground floor of the stretching niche! This is a great opportunity to help members of the Bloomington community feel and move better through the niche category of assisted stretching. Whether it's general flexibility, athletic performance, muscle aches/pain, or more, we have created life-changing transformations with all of our wonderful clients. This is a great opportunity to help people get out of pain and live their lives to the fullest. This business has a reliable and stable staff and is largely hands-off. There is a lot of potential in increasing local promotion and improving the flow of potential clients to the studio. Expenses are controlled and are mainly comprised of payroll, which can easily be scaled with the volume of clients. This studio is backed by a white-glove franchise system of 300+ locations that provides unmatched support to all franchisees. No industry experience necessary. We serve clients from Bloomington and many surrounding communities. This business is a high performer and has a fantastic team of 5 employees, with optimized processes in place for streamlined operations. Detailed Information - Real Estate: Leased - Building SF: 1,360 sq ft - Lease Expiration: 8/31/2026 - Furniture, Fixtures, & Equipment (FF&E): Included in asking price - Facilities: Fully built-out studio, furniture, stretch tables, office equipment, full-suite software system with scheduling, CRM, leads management, and more. Includes full customer list and prospect list. - Competition: We are the only specialized provider of this service within an hour north of Bloomington and multiple hours in every other direction. - Growth & Expansion: Improving the flow of potential clients would greatly improve the top line, and since expenses are controlled, the bottom line as well. An owner who can increase local promotion and explore additional marketing modalities could take this business to the next level. - Financing: Seller financing available at 8%. - Support & Training: The seller will work as closely with the buyer as needed to ensure a smooth transition. Corporate provides training and ongoing support to franchisees on studio operations and training/continued education for practitioners and managers. Other franchisees in the network are very open, welcoming, and willing to give advice. - Reason for Selling: I need to devote more of my attention to another business. - Franchise: This business is an established franchise.

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Price$27M
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Very Successful Growing Midwest RV Dealerships w Three Locations!
Indianapolis, Indiana
Industry:Retail business
Established:2005

Description: This company consists of three VERY SUCCESSFUL RV DEALERSHIPS located in the heart of the Midwest! The first location was founded in 2005. The second location (in another state) was added in 2018 and the third location (in a third state) was added in 2022. The Midwest is known as the very heart of RV COUNTRY and this company is on the fast-track to becoming a major market player! The Executive Team is in place for future growth with well-defined roles. The current Owner has purposely grown the business with the intent that he doesn't have to be present full time for the company to run and grow. There are currently approximately 60 full time employees. A new segment has emerged coming out of COVID-19, characterized by a much younger demographic that choose to raise the family on the road and home-school their children. The addition of this segment has lowered the average age of the RV buyer from over 50 years of age to around the age of 40. Today, this company is a HIGH-VOLUME dealership that sells new and pre-owned inventory for all but three makes/model brands in the outdoor recreational space. The company is the #1 Coachman Leprechaun dealer in the ENTIRE MIDWEST! The company has a VERY STRONG DIGITAL PRESENCE including its blog, social media pages and YouTube with over 1 MILLION VIEWS! Key Success Factors: Forecasting $85 million ‘24 revenue YoY revenue growth of around 10% historically Strong brand that resonates with its intended audience Laser-focused on its very well-understood target demographic Founder with deep domain expertise, minimal daily duties Outstanding regional locations and superb store layouts Organized executive team with well-defined roles Proven track record, even through downturns Significant upside remains via newer states The current Owner is willing to retain some % equity and be involved in the future growth of the business. The VISION IS STRONG and the current Owner is VERY WILLING to be part of the growth of the business! The Company anticipates 2023 Revenue of around $69 million with an ADJUSTED EBITDA north of $4M. The target Revenue for 2024 is between $80-$85M with projected EBITDA of $5M! The current Owner has future interests in Real Estate and Ministry work, and has grown the business to run successfully without his day-to-day involvement. This Company is perfectly positioned for future growth and scaling to the next level. By adding locations and growing Market Share, the next Ownership group is well positioned to take advantage of this opportunity! The Real Estate is NOT INCLUDED in the sale price!

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Price$19.3M
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Excavation And Road Contractors For Cities Schools For Sale
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus on roads and school districts and $21M in WIP. This firm has a diverse list of clients, including Municipalities 36%, State Government 22%, Schools 23%, and Commercial clients 19%. This Civil Contracting Firm performs site prep for Highways, School Districts and Municipalities throughout Virginia, West Virginia and Kentucky. The owner provides general oversight (by preference), which is not a necessity, as owner is 80+ years old. He started the firm more than 5 decades ago and is willing to stay for a transition period of 1-2 years post-close. The reason for selling is obviously age. They have an impressive team in place of 120+, including 3 SVP’s that manage all aspects of the company, 8 superintendents, 1 office manager, 1 administrator/billing, and +/- 110 laborers. The purchase price includes over $14 million in assets which collateralizes the bank loan! A buyer will receive construction & transportation equipment, office equipment & software, and a working capital! A 3rd party appraisal was completed to verify the value of the assets. The CapEx budget is only $350,000 because there is a surplus of assets with capacity for room to grow. They do not have any MBE, WBE or Veteran status. Priced at $19,250,000, this business is primed and ready for a new owner to step in and enjoy a reputation that has been built over the last 5 decades. As a show of good faith and vested interest in the ongoing success of the company, the owner is willing to carry 15% of the purchase price. The owner could sell the equipment and cash out the A/R for more than the list price, but due to his loyalty and employees in place, he is choosing to sell the business as one cohesive unit so everyone keeps their jobs, and the business can continue to thrive as his legacy.

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Price$19.3M
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Dirt, Excavation And Road Contractors For Cities
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus on roads and school districts and $21M in WIP. This firm has a diverse list of clients, including Municipalities 36%, State Government 22%, Schools 23%, and Commercial clients 19%. This Civil Contracting Firm performs site prep for Highways, School Districts and Municipalities throughout Virginia, West Virginia and Kentucky. The owner provides general oversight (by preference), which is not a necessity, as owner is 80 years old. He started the firm more than 5 decades ago and is willing to stay for a transition period of 1-2 years post-close. The reason for selling is obviously age. They have an impressive team in place of 120 , including 3 SVP’s that manage all aspects of the company, 8 superintendents, 1 office manager, 1 administrator/billing, and /- 110 laborers. The purchase price includes over $14 million in assets which collateralizes the bank loan! A buyer will receive construction & transportation equipment, office equipment & software, and a working capital! A 3rd party appraisal was completed to verify the value of the assets. The CapEx budget is only $350,000 because there is a surplus of assets with capacity for room to grow. They do not have any MBE, WBE or Veteran status. Priced at $19,250,000, this business is primed and ready for a new owner to step in and enjoy a reputation that has been built over the last 5 decades. As a show of good faith and vested interest in the ongoing success of the company, the owner is willing to carry 15% of the purchase price. The owner could sell the equipment and cash out the A/R for more than the list price, but due to his loyalty and employees in place, he is choosing to sell the business as one cohesive unit so everyone keeps their jobs, and the business can continue to thrive as his legacy. To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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Price$19.3M
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Dirt, Excavation and Road Contractors for Cities and Schools: $21M in WIP for sale in Evansville, IN
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus onroads and school districts and $21M in WIP. This firm has adiverse list of clients, including Municipalities 36%, StateGovernment 22%, Schools 23%, and Commercial clients19%. This Civil Contracting Firm performs site prep forHighways, School Districts and Municipalities throughoutVirginia, West Virginia and Kentucky. The owner providesgeneral oversight (by preference), which is not a necessity,as owner is 80+ years old. He started the firm more than 5decades ago and is willing to stay for a transition period of1-2 years post-close. The reason for selling is obviouslyage. They have an impressive team in place of 120+,including 3 SVP’s that manage all aspects of the company,8 superintendents, 1 office manager, 1 administrator/billing,and +/- 110 laborers. The purchase price includes over $14million in assets which collateralizes the bank loan! Abuyer will receive construction & transportation equipment,office equipment & software, and a working capital! A 3rdparty appraisal was completed to verify the value of theassets. The CapEx budget is only $350,000 because thereis a surplus of assets with capacity for room to grow. Theydo not have any MBE, WBE or Veteran status. Priced at$19,250,000, this business is primed and ready for a newowner to step in and enjoy a reputation that has been builtover the last 5 decades. As a show of good faith andvested interest in the ongoing success of the company, theowner is willing to carry 15% of the purchase price. Theowner could sell the equipment and cash out the A/R formore than the list price, but due to his loyalty andemployees in place, he is choosing to sell the business asone cohesive unit so everyone keeps their jobs, and thebusiness can continue to thrive as his legacy.

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Price$9.6M
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White Collar Staffing Firm With Focus On Accounting For Sale
Indiana
Industry:Professional and technical services
Established:1989

Description: The seller of this white-collar staffing firm is on the hunt for a strategic buyer that can continue to grow the business. In order to make the deal more appealing to this strategic buyer, the seller is willing to carry 30% of the purchase! With services including staffing for CPAs, Accountants, and HR Professionals, the client base for this business is made up of accounting firms and private businesses looking to fill CPA, CFO, Bookkeeping, and HR positions. Their services are made up of 60% permanent placements and 40% temporary workers. While they are located in Kansas City, MO, this business’s client base – made up of 80% repeat customers – is dispersed nationwide! Their focused and driven team includes 17 Employees: 1 Controller/Office Manager, 1 VP, 11 Recruiters, 2 Account Managers, and 2 Administrative workers. The teams ongoing hard work, coupled with the business’s streamlined operation, has led to continued year over year growth in both revenue and cash flow. In 2021, this business had a gross revenue of $5.9MM and so far in 2022 has improved this revenue significantly having made $6.5MM through October alone! Showing support of the business’s upcoming continual growth is their current work-in-progress estimation of over 180 open jobs valued at over $2MM! This business has exponential room for even further growth after the purchase. With $1.2MM in assets included in purchase, this establishment comes with everything needed to maintain both the current operations and to expand into the various unutilized growth opportunities. Utilizing their long-standing reputation as a professional and industry leading staffing firm to expand into the engineering and architectural or legal recruiting fields would be a natural next step for a buyer. The current owner of this firm primarily handles the management and mentoring of the sales team. They are willing to stay on with the business for 5-7 years after sale and this is entirely negotiable depending on the needs of the buyer as the primary concern for this business is finding the right owner with a driven, growth focused skillset. Priced at $9,600,000, the current owner has offered to carry 30% of the purchase via a combined promissory note and equity roll to establish their vested interest in the ongoing success of the business after sale. Having been established over 35 years, a strategic owner could build on the existing client base and reputation in a wide variety of outlets. Are you a large staffing firm looking to expand into the professional market? Or perhaps looking to build up your client base, client retention rate, or customer relations? This could be your best opportunity!

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Price$9.6M
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White-Collar Staffing Firm - Focus On Accounting
Indianapolis, Indiana
Industry:Professional and technical services
Established:35

Description: The seller of this white-collar staffing firm is on the hunt for a strategic buyer that can continue to grow the business. In order to make the deal more appealing to this strategic buyer, the seller is willing to carry 30% of the purchase! With services including staffing for CPAs, Accountants, and HR Professionals, the client base for this business is made up of accounting firms and private businesses looking to fill CPA, CFO, Bookkeeping, and HR positions. Their services are made up of 60% permanent placements and 40% temporary workers. While they are located in Kansas City, MO, this business’s client base – made up of 80% repeat customers – is dispersed nationwide! Their focused and driven team includes 17 Employees: 1 Controller/Office Manager, 1 VP, 11 Recruiters, 2 Account Managers, and 2 Administrative workers. The teams ongoing hard work, coupled with the business’s streamlined operation, has led to continued year over year growth in both revenue and cash flow. In 2021, this business had a gross revenue of $5.9MM and so far in 2022 has improved this revenue significantly having made $6.5MM through October alone! Showing support of the business’s upcoming continual growth is their current work-in-progress estimation of over 180 open jobs valued at over $2MM! This business has exponential room for even further growth after the purchase. With $1.2MM in assets included in purchase, this establishment comes with everything needed to maintain both the current operations and to expand into the various unutilized growth opportunities. Utilizing their long-standing reputation as a professional and industry leading staffing firm to expand into the engineering and architectural or legal recruiting fields would be a natural next step for a buyer. The current owner of this firm primarily handles the management and mentoring of the sales team. They are willing to stay on with the business for 5-7 years after sale and this is entirely negotiable depending on the needs of the buyer as the primary concern for this business is finding the right owner with a driven, growth focused skillset. Priced at $9,600,000, the current owner has offered to carry 30% of the purchase via a combined promissory note and equity roll to establish their vested interest in the ongoing success of the business after sale. Having been established over 35 years, a strategic owner could build on the existing client base and reputation in a wide variety of outlets. Are you a large staffing firm looking to expand into the professional market? Or perhaps looking to build up your client base, client retention rate, or customer relations? This could be your best opportunity! To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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Search BusinessesShowing 1 - 10 of 527
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Assisted-stretching studio for sale in Bloomington
Bloomington, Indiana
Industry:Health and social services
Established:2023

Description: Business Description Get in on the ground floor of the stretching niche! This is a great opportunity to help members of the Bloomington community feel and move better through the niche category of assisted stretching. Whether it's general flexibility, athletic performance, muscle aches/pain, or more, we have created life-changing transformations with all of our wonderful clients. This is a great opportunity to help people get out of pain and live their lives to the fullest. This business has a reliable and stable staff and is largely hands-off. There is a lot of potential in increasing local promotion and improving the flow of potential clients to the studio. Expenses are controlled and are mainly comprised of payroll, which can easily be scaled with the volume of clients. This studio is backed by a white-glove franchise system of 300+ locations that provides unmatched support to all franchisees. No industry experience necessary. We serve clients from Bloomington and many surrounding communities. This business is a high performer and has a fantastic team of 5 employees, with optimized processes in place for streamlined operations. Detailed Information - Real Estate: Leased - Building SF: 1,360 sq ft - Lease Expiration: 8/31/2026 - Furniture, Fixtures, & Equipment (FF&E): Included in asking price - Facilities: Fully built-out studio, furniture, stretch tables, office equipment, full-suite software system with scheduling, CRM, leads management, and more. Includes full customer list and prospect list. - Competition: We are the only specialized provider of this service within an hour north of Bloomington and multiple hours in every other direction. - Growth & Expansion: Improving the flow of potential clients would greatly improve the top line, and since expenses are controlled, the bottom line as well. An owner who can increase local promotion and explore additional marketing modalities could take this business to the next level. - Financing: Seller financing available at 8%. - Support & Training: The seller will work as closely with the buyer as needed to ensure a smooth transition. Corporate provides training and ongoing support to franchisees on studio operations and training/continued education for practitioners and managers. Other franchisees in the network are very open, welcoming, and willing to give advice. - Reason for Selling: I need to devote more of my attention to another business. - Franchise: This business is an established franchise.

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Price$27M
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Very Successful Growing Midwest RV Dealerships w Three Locations!
Indianapolis, Indiana
Industry:Retail business
Established:2005

Description: This company consists of three VERY SUCCESSFUL RV DEALERSHIPS located in the heart of the Midwest! The first location was founded in 2005. The second location (in another state) was added in 2018 and the third location (in a third state) was added in 2022. The Midwest is known as the very heart of RV COUNTRY and this company is on the fast-track to becoming a major market player! The Executive Team is in place for future growth with well-defined roles. The current Owner has purposely grown the business with the intent that he doesn't have to be present full time for the company to run and grow. There are currently approximately 60 full time employees. A new segment has emerged coming out of COVID-19, characterized by a much younger demographic that choose to raise the family on the road and home-school their children. The addition of this segment has lowered the average age of the RV buyer from over 50 years of age to around the age of 40. Today, this company is a HIGH-VOLUME dealership that sells new and pre-owned inventory for all but three makes/model brands in the outdoor recreational space. The company is the #1 Coachman Leprechaun dealer in the ENTIRE MIDWEST! The company has a VERY STRONG DIGITAL PRESENCE including its blog, social media pages and YouTube with over 1 MILLION VIEWS! Key Success Factors: Forecasting $85 million ‘24 revenue YoY revenue growth of around 10% historically Strong brand that resonates with its intended audience Laser-focused on its very well-understood target demographic Founder with deep domain expertise, minimal daily duties Outstanding regional locations and superb store layouts Organized executive team with well-defined roles Proven track record, even through downturns Significant upside remains via newer states The current Owner is willing to retain some % equity and be involved in the future growth of the business. The VISION IS STRONG and the current Owner is VERY WILLING to be part of the growth of the business! The Company anticipates 2023 Revenue of around $69 million with an ADJUSTED EBITDA north of $4M. The target Revenue for 2024 is between $80-$85M with projected EBITDA of $5M! The current Owner has future interests in Real Estate and Ministry work, and has grown the business to run successfully without his day-to-day involvement. This Company is perfectly positioned for future growth and scaling to the next level. By adding locations and growing Market Share, the next Ownership group is well positioned to take advantage of this opportunity! The Real Estate is NOT INCLUDED in the sale price!

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Price$19.3M
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Excavation And Road Contractors For Cities Schools For Sale
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus on roads and school districts and $21M in WIP. This firm has a diverse list of clients, including Municipalities 36%, State Government 22%, Schools 23%, and Commercial clients 19%. This Civil Contracting Firm performs site prep for Highways, School Districts and Municipalities throughout Virginia, West Virginia and Kentucky. The owner provides general oversight (by preference), which is not a necessity, as owner is 80+ years old. He started the firm more than 5 decades ago and is willing to stay for a transition period of 1-2 years post-close. The reason for selling is obviously age. They have an impressive team in place of 120+, including 3 SVP’s that manage all aspects of the company, 8 superintendents, 1 office manager, 1 administrator/billing, and +/- 110 laborers. The purchase price includes over $14 million in assets which collateralizes the bank loan! A buyer will receive construction & transportation equipment, office equipment & software, and a working capital! A 3rd party appraisal was completed to verify the value of the assets. The CapEx budget is only $350,000 because there is a surplus of assets with capacity for room to grow. They do not have any MBE, WBE or Veteran status. Priced at $19,250,000, this business is primed and ready for a new owner to step in and enjoy a reputation that has been built over the last 5 decades. As a show of good faith and vested interest in the ongoing success of the company, the owner is willing to carry 15% of the purchase price. The owner could sell the equipment and cash out the A/R for more than the list price, but due to his loyalty and employees in place, he is choosing to sell the business as one cohesive unit so everyone keeps their jobs, and the business can continue to thrive as his legacy.

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Price$19.3M
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Dirt, Excavation And Road Contractors For Cities
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus on roads and school districts and $21M in WIP. This firm has a diverse list of clients, including Municipalities 36%, State Government 22%, Schools 23%, and Commercial clients 19%. This Civil Contracting Firm performs site prep for Highways, School Districts and Municipalities throughout Virginia, West Virginia and Kentucky. The owner provides general oversight (by preference), which is not a necessity, as owner is 80 years old. He started the firm more than 5 decades ago and is willing to stay for a transition period of 1-2 years post-close. The reason for selling is obviously age. They have an impressive team in place of 120 , including 3 SVP’s that manage all aspects of the company, 8 superintendents, 1 office manager, 1 administrator/billing, and /- 110 laborers. The purchase price includes over $14 million in assets which collateralizes the bank loan! A buyer will receive construction & transportation equipment, office equipment & software, and a working capital! A 3rd party appraisal was completed to verify the value of the assets. The CapEx budget is only $350,000 because there is a surplus of assets with capacity for room to grow. They do not have any MBE, WBE or Veteran status. Priced at $19,250,000, this business is primed and ready for a new owner to step in and enjoy a reputation that has been built over the last 5 decades. As a show of good faith and vested interest in the ongoing success of the company, the owner is willing to carry 15% of the purchase price. The owner could sell the equipment and cash out the A/R for more than the list price, but due to his loyalty and employees in place, he is choosing to sell the business as one cohesive unit so everyone keeps their jobs, and the business can continue to thrive as his legacy. To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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Price$19.3M
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Dirt, Excavation and Road Contractors for Cities and Schools: $21M in WIP for sale in Evansville, IN
Evansville, Indiana
Industry:Construction
Established:1970

Description: Excavation, Utilities and Infrastructure with a focus onroads and school districts and $21M in WIP. This firm has adiverse list of clients, including Municipalities 36%, StateGovernment 22%, Schools 23%, and Commercial clients19%. This Civil Contracting Firm performs site prep forHighways, School Districts and Municipalities throughoutVirginia, West Virginia and Kentucky. The owner providesgeneral oversight (by preference), which is not a necessity,as owner is 80+ years old. He started the firm more than 5decades ago and is willing to stay for a transition period of1-2 years post-close. The reason for selling is obviouslyage. They have an impressive team in place of 120+,including 3 SVP’s that manage all aspects of the company,8 superintendents, 1 office manager, 1 administrator/billing,and +/- 110 laborers. The purchase price includes over $14million in assets which collateralizes the bank loan! Abuyer will receive construction & transportation equipment,office equipment & software, and a working capital! A 3rdparty appraisal was completed to verify the value of theassets. The CapEx budget is only $350,000 because thereis a surplus of assets with capacity for room to grow. Theydo not have any MBE, WBE or Veteran status. Priced at$19,250,000, this business is primed and ready for a newowner to step in and enjoy a reputation that has been builtover the last 5 decades. As a show of good faith andvested interest in the ongoing success of the company, theowner is willing to carry 15% of the purchase price. Theowner could sell the equipment and cash out the A/R formore than the list price, but due to his loyalty andemployees in place, he is choosing to sell the business asone cohesive unit so everyone keeps their jobs, and thebusiness can continue to thrive as his legacy.

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Price$9.6M
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White Collar Staffing Firm With Focus On Accounting For Sale
Indiana
Industry:Professional and technical services
Established:1989

Description: The seller of this white-collar staffing firm is on the hunt for a strategic buyer that can continue to grow the business. In order to make the deal more appealing to this strategic buyer, the seller is willing to carry 30% of the purchase! With services including staffing for CPAs, Accountants, and HR Professionals, the client base for this business is made up of accounting firms and private businesses looking to fill CPA, CFO, Bookkeeping, and HR positions. Their services are made up of 60% permanent placements and 40% temporary workers. While they are located in Kansas City, MO, this business’s client base – made up of 80% repeat customers – is dispersed nationwide! Their focused and driven team includes 17 Employees: 1 Controller/Office Manager, 1 VP, 11 Recruiters, 2 Account Managers, and 2 Administrative workers. The teams ongoing hard work, coupled with the business’s streamlined operation, has led to continued year over year growth in both revenue and cash flow. In 2021, this business had a gross revenue of $5.9MM and so far in 2022 has improved this revenue significantly having made $6.5MM through October alone! Showing support of the business’s upcoming continual growth is their current work-in-progress estimation of over 180 open jobs valued at over $2MM! This business has exponential room for even further growth after the purchase. With $1.2MM in assets included in purchase, this establishment comes with everything needed to maintain both the current operations and to expand into the various unutilized growth opportunities. Utilizing their long-standing reputation as a professional and industry leading staffing firm to expand into the engineering and architectural or legal recruiting fields would be a natural next step for a buyer. The current owner of this firm primarily handles the management and mentoring of the sales team. They are willing to stay on with the business for 5-7 years after sale and this is entirely negotiable depending on the needs of the buyer as the primary concern for this business is finding the right owner with a driven, growth focused skillset. Priced at $9,600,000, the current owner has offered to carry 30% of the purchase via a combined promissory note and equity roll to establish their vested interest in the ongoing success of the business after sale. Having been established over 35 years, a strategic owner could build on the existing client base and reputation in a wide variety of outlets. Are you a large staffing firm looking to expand into the professional market? Or perhaps looking to build up your client base, client retention rate, or customer relations? This could be your best opportunity!

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Price$9.6M
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White-Collar Staffing Firm - Focus On Accounting
Indianapolis, Indiana
Industry:Professional and technical services
Established:35

Description: The seller of this white-collar staffing firm is on the hunt for a strategic buyer that can continue to grow the business. In order to make the deal more appealing to this strategic buyer, the seller is willing to carry 30% of the purchase! With services including staffing for CPAs, Accountants, and HR Professionals, the client base for this business is made up of accounting firms and private businesses looking to fill CPA, CFO, Bookkeeping, and HR positions. Their services are made up of 60% permanent placements and 40% temporary workers. While they are located in Kansas City, MO, this business’s client base – made up of 80% repeat customers – is dispersed nationwide! Their focused and driven team includes 17 Employees: 1 Controller/Office Manager, 1 VP, 11 Recruiters, 2 Account Managers, and 2 Administrative workers. The teams ongoing hard work, coupled with the business’s streamlined operation, has led to continued year over year growth in both revenue and cash flow. In 2021, this business had a gross revenue of $5.9MM and so far in 2022 has improved this revenue significantly having made $6.5MM through October alone! Showing support of the business’s upcoming continual growth is their current work-in-progress estimation of over 180 open jobs valued at over $2MM! This business has exponential room for even further growth after the purchase. With $1.2MM in assets included in purchase, this establishment comes with everything needed to maintain both the current operations and to expand into the various unutilized growth opportunities. Utilizing their long-standing reputation as a professional and industry leading staffing firm to expand into the engineering and architectural or legal recruiting fields would be a natural next step for a buyer. The current owner of this firm primarily handles the management and mentoring of the sales team. They are willing to stay on with the business for 5-7 years after sale and this is entirely negotiable depending on the needs of the buyer as the primary concern for this business is finding the right owner with a driven, growth focused skillset. Priced at $9,600,000, the current owner has offered to carry 30% of the purchase via a combined promissory note and equity roll to establish their vested interest in the ongoing success of the business after sale. Having been established over 35 years, a strategic owner could build on the existing client base and reputation in a wide variety of outlets. Are you a large staffing firm looking to expand into the professional market? Or perhaps looking to build up your client base, client retention rate, or customer relations? This could be your best opportunity! To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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