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Mergers & Acquisitions Advisory for Entrepreneurs

Legal Staffing – Line of Business

Asking Price – $1,245,000

Weighted Average Revenue$1,060,000Established2022
Weight Average Gross Profit$516,123Employees4
Working CapitalNot ApplicableLocationMountain States

Strong reputation for providing key staff across the legal employee spectrum including, attorneys, paralegals, and administrative assistants in both permanent and contingent staffing situations. This is not a stand-alone company. The business detailed in this CIM presents an opportunity for an existing staffing company with in-place administrative staff to acquire an efficient, high margin, accretive book of business in an attractive niche.

 

Top Things to Know

  • This is a book of business – relationships and customer contacts, and salesperson being offered by a
    company who is exiting the legal staffing space.
  • If you are a staffing company, this revenue and gross margin can be accretive to your existing
    operations.
  • Stable Revenues: $1 million in average gross revenue over the past 3 years
  • Strong Gross Margin: 48.1%
  • Established Brand: Excellent reputation.
  • Limited Marketing: 90% - 95% of business comes from referrals and repeat business
  • Seller Financing: 10% seller financing available to show seller’s confidence in continued success.
  • Training: Seller and team will train free of charge for 3 months to ensure smooth transition.

 

Financing Details:

  • Seller Financing: 10% seller financing available to show seller’s confidence in continued success.

 

Support and Training:

  • The Owner genuinely desires an effective business transition with seamless customer service through to the buyer. They will train a buyer for 90 days. An additional consulting contract can be obtained.

 

Reason for Sale:

  • The seller has a large staffing company with divisions focusing on different niche industries. Seller is carving out this business to allow him and his team to focus on their core staffing business.

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