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Domestic Referral Staffing Agency

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $264536
Net Profit / Cash Flow  $145314
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  1 - 3
Inventory  10000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Note to Seller payable for $50,000 at $2,934.25 per month for 18 months at 7.0% interest.
Reason for Sale  There are two part-time operators. One is pregnant and the other wants to become a full-time mother.
Description  This services business specializes in the placement of all levels of domestic staffing including nannies, housekeepers, caregivers and more for families in need of reliable household care. Employees of the business have been trained to screen, match and place live-in, live-out, full-time and part-time domestic help. This easy to manage agency has been able to successfully gather over 5,000 qualified applicants in their database and serve over 1,000 clients since their establishment over 3 years ago. Approximately 80% of business comes from customer referrals. This turn key business is open 5 days a week from Monday to Friday from 9 am to 5 pm and is closed all Holidays and weekends. Owner involvement is minimal at this point. The business has very low over-head and is centrally located in the San Fernando Valley. With everyday increase of population, dual parent working households, and increase in life expectancy rates have resulted in an increase demand for help in the form of nannies and housekeepers. Demand for caregivers within a person's home or senior facilities has also been increasing exponentially showing an industry that will continue to thrive. In addition to the established services, this business has potential for geographic as well as other service expansion to build revenue.
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