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Medical Staffing Agency 96; California Business For Sale

LISTING DETAILS
Firms For Sale ID:
12054
Vendor reference:
719861
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,800,000  
Turnover / revenue:
$612,000
Net profit / cashflow:
$5,570,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
2004 revenue of 24;4M, with trailing twelve month revenue of 24;5.5M, this 102B; year old medical staffing agency business for sale furnishes personnel to perform a range of medical staffing services (nurses and pharmacists) in support of the operations of government facilities. The firm has a successful track record of renewing contracts, and winning new business. Aggressive double digit sales growth, and a new three year, 24;50M, staffing services contract provide a new owner stable cash flow growth. Long tenure employees, and multi year medical staffing services contracts, make this California business for sale an ideal acquisition for your staffing agency portfolio. Due to existing contracts this staffing agency business for sale is a purchase of 100%; of the stock of the Corporation. The Net Asset Value of the Pro Forma Balance Sheet At Closing is approximately 24;800K; which when factored from the asking price, produces a business for sale EBITDA multiple of 7E;1.6. The Seller will not consider financing as net proceeds from their 93;cash cow94; are being reinvested in an unrelated project. The Seller will provide ongoing assistance to assure a smooth and successful transition for the new owner. For information on this Medical Staffing Agency Business For Sale, or other Business Opportunities contact the Business Broker, Don Janke.