Online Job Board Website For Sale Focused on Rural Communities

1844

Avoid the hassle of development and startup costs with
this affordable recruiting website that attracts jobs seekers
and job posters in rural communities. This could be a nice
strategic purchase to offer more at your current business.
On average there are 200 active rural job postings listed on
the website at a time. There is one full time employee that
does all of the day to day operations including client
onboarding, sales and advertising to acquire employers
and job seekers.
The owner has another company that he spends 40+ hours
per week on which does not leave enough time to focus on
growing this business. With more than 10 years of
experience in the employment industry the current owner
recognized the struggle in rural communities to maintain
and recruit talented personnel. Therefore, developed this
online service to meet client demand. Growth
opportunities such as develop new markets in rural
communities and build relationships with new businesses,
colleges and local organizations.
Unfortunately the owner’s focus on another business
consumes too much time to be able to further grow this
niche market. Here is your opportunity to take over a
turnkey growing business with a 50% profit margin and
develop new rural markets that have a need ready to be
filled.
Only $19,750 down, which is much less than the time,
expense and energy to recreate this.
Financial Overview
List Price: $79,000
Gross Sales
2015: $75,050
2014: $85,687
Cash Flow
2015: $37,979 (20 hours week/$12/hour)
[$51,499 if owner/operator]
2014: $35,223 (20 hours week/$12/hour)
[$46,473 if owner/operator]

Assets Included in Purchase: $3,100
Intangible Assets: Website Domain
Inventory: $3,100
Marketing Materials: $1,600
Mascot Outfit: $1,500
Startup/Development Costs: 9 months ~$15,000 investment
Business Information
Location and Service Area: Currently Central Nebraska
(Grand Island, Kearney & Hastings) however the software
has the ability to be scaled nationwide. Office is relocatable
Clients: On average 200 active rural job postings listed at a
time.
Reason for Selling: Owner has another company that he
spends 40+ hours per week which does not leave enough
time to focus on growing this business.
Employees: One full time employee does all day to day
operations including client onboarding, sales and
advertising to acquire employers and job seekers.
Current Advertising: Career Fairs, local radio, Facebook,
email blasts to 10,000+ job seekers with number growing
Growth Opportunities: Develop new markets in rural
communities and build relationships with new businesses,
colleges and local organizations.
Seller Training Period: 90 days. Training to include backend
software, onboard new clients, invoicing, IT contacts and
needs, sales and marketing processes.
Current Owner’s Responsibilities: Totally Absentee

Competition:

Owner has 10+ years experience in employment industry

Growth Potential:

Develop new markets in rural communities and build relationships with new businesses, colleges and local organizations.

Training/Support:

90 days. Training to include backend software, onboard new clients, invoicing, IT contacts and needs

Seller Financing:

25% Seller Financing: $19,750

Sale Reason:

Lack of time to grow, other business is full time main focus