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Asking Price$79,000
Revenue | $75,050 |
Established | Undisclosed |
Cash Flow | $37,979 |
Employees | 1 full-time |
FF&E | Undisclosed |
Franchise | No |
Inventory | $3,100* |
Relocatable | Yes |
Real Estate | Undisclosed |
Home-based | Yes |
* Included in Asking Price
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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 |
Ad #77935
Seller Reference #ONL004
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