Description:

The company is a temporary staffing services provider located in the Northeast US. The company specializes in several markets, providing skilled, unskilled, and administrative labor to over 140 clients in industries ranging from food preparation to recycling; the company also provides direct placement services.

Key Aspects:

Revenue grew at a compound annual growth rate (CAGR) of 9.1% from 2019 to 2022
Average gross profit margin of 19.0% between 2019 and 2022
Operates using an hourly based pricing model
Provides staffing services to industries considered essential to the economy, as exemplified by its “essential business” status during the Covid-19 pandemic
The company currently serves over 140 clients across its industries of specialty, with no client comprising more than 16% of revenue in 2021

Opportunities:

Leverage the company’s established brand and reputation in the staffing sector to expand services to new regions in and around the northeast US
Expand the range of industries supported by the company in temporary placement services
Seek preferred vendor affiliations with large clients that continually rely on temporary staff within the client’s industry specialty
The company is properly prepared and licensed to expand its operation to all 50 states

Headquartered:

Northeast, US

Current Markets:

The company provides temporary staffing and talent placement services for several industries but most notably, light industrial manufacturing, food services, and logistics sectors in the Northeast US. The company is properly prepared and licensed to expand its operation in all 50 states.

Real Estate:

The company operates from a 5,406 sq. ft. facility leased from an unrelated third party; there is room to grow in the current location.

Shareholder Ownership:

The company is owned by two shareholders who are both in full agreement with the proposed sale. One owner is willing to remain with the company for an agreed-upon period to ensure a smooth transition of ownership after an acquisition. The other is no longer involved in the daily operation of the company.

Benchmark International

Benchmarks Exclusive Opportunities

Comprehensive Staffing Services Provider – BN000045249

Comprehensive Staffing Services Provider – BN000045249

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