Hot Listing

Thriving Healthcare Staffing Business

Asking Price$2,500,000

Cash Flow
$550,000

EBITDA$1,000,000

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Thriving Healthcare Staffing Business


Asking Price$2,500,000

Cash Flow
$550,000

EBITDA$1,000,000

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
After spending over 20 years in the Healthcare Staffing industry, with a passion for his client’s satisfaction, the owner of this very healthy firm started his own healthcare staffing business during the last quarter of 2021. He rapidly leveraged relationships, sales prowess, and the creative use of internet recruitment tools to build a thriving business. It now has significant repeat revenue from Nursing homes throughout New Jersey, a clear and realistic business revenue and profit projection and growth that is impressive.

The Nursing Home industry requires staffing for all shifts by pre-screened and highly qualified Registered Nurses, Licensed Practical Nurses, and Certified Nursing Assistants. Currently this firm fulfills over 130+ shifts and 10 to 12 Nursing homes with far more to come. This firm provides its clients with access to the required professional nursing staff at a reasonable cost to fulfill their requirements when needed, enabling nursing home leadership to concentrate on providing the high-quality services they demand for its patrons. All professional nursing staff members remain as part of this service company, as either w2 or 1099 personnel. While expansion into hospitals, schools, clinics, and other healthcare facilities is highly possible, the firm has focused on becoming a Nursing homes specialist. They find the right talent for their client’s teams with resulting in the ongoing relationships the firm enjoys. It also prides itself with helping professional staff members to find the right jobs locally to fit their needs and provide a desirable lifestyle.

Employment of healthcare occupations is projected to grow 14 percent from 2018 to 2028 much faster than the average for all other occupations.

The healthcare staffing market size is expected to reach $31.1 billion by 2028. It is expected to expand at a CAGR of 3.71% from 2021 to 2028. The increasing geriatric population is leading to rising demand for medical services and a shortage of nurses and other medical staff.
About the Business
Years in Operation
20
Facilities & Assets
According to the Bureau of Labor Statistics 500,000 nurses will retire over the next few years and the Association of Medical Colleges claims major medical staffing shortages in upcoming years resulting in significant market growth for the healthcare staffing industry.

Technology advancements in the industry along with a rapidly rising number of healthcare facilities results in a need for new skills and the requirement of added patient care through the use of advanced tools and rapid information flow.
Opportunities for Growth
The business owner will stay with the firm, if desired, for as much as two years or more to assist with its transition.
About the Sale
Transition Support
The business began 2 years ago. Excluding the startup months, the annualized revenue based on the last 6 months for 2022 is greater than $3 million with an annualized EBITDA of >$1 million. While there was a slight dip end of 2023 due to a client released due their very slow payment. the projection for 2024 is greater. The asking price is $2.5 million.
Listing Info
ID
2353383
Listing Views
1268

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Business Listed by: Raymond Saleeby Executive Business Brokers

Listing ID: 2353383 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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