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For Sale IT Staffing Service In Rochester, Monroe County, NY

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Contact: Blair Sibley at 607-301-0967, 607-301-0967 - Log In To Message/Email This Contact
Last Revised: 10/31/19. Posting #: 10249160
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Key Words: staffing, it staffing, information technology, information technology staffing, monroe, rochester, home based
Financial Info: The asking price is $650,000. 2019 Full Year Estimate: Revenue: $1,100,000, SDE: $204,000. 2018 Revenue: $914,000, SDE: $169,000. 2017 Revenue: $913,000, SDE: $205,000. 2016 Revenue: $505,000, $64,000.
Profile: The business is “based” in Rochester, NY but the owner recently moved to Georgia and runs the business from there, supported by occasional travel to Rochester to interface with customers/contractors.

The majority of the Company’s activities are focused on filling multi-year contract positions within the Company’s clients, with Company contractors. The Company’s contractors tend to get assigned and then extended once a contract is in place. As a result, the contract revenues are somewhat annuitized once an individual contactor is placed with the Company’s clients.

Founded in 2012 and solidified in its current construct in 2015. Genuine and sincere relationships with clients and professionals have enabled sustainable growth and profitability. This is currently a home-based business and can easily be re-located and operated independently, or as an add-on to an existing enterprise.

The Company currently has a pipeline of open multi-year contract requisitions which will/can be filled by sourcing additional contract talent. This is typically done through partnerships with recruiting firms whereby the recruiting firms source the talent and, if placed, they get paid a commission as income is received from the contract. There are no upfront/lump sum commissions due.

Contractor retention is very high because the Company pays a very good market wage and insures continued employment either at the same client/enterprise, or by sourcing new opportunities. It is rare that a customer will convert a contract individual to a full-time employee unless that is a pre-determined outcome agreed to by all parties.

The business generally sees more opportunity in challenging economic times since large employers tend to implement hiring freezes and/or reductions in force, and then will use contractors to get work done. Virtually no new business initiatives or existing business practices get done without IT support/upgrades/revisions.

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Contact: Blair Sibley at 607-301-0967   Log In To Message/Email This Contributor
Profile: Born and raised in Rochester, New York, Blair received his law degree in 1981 from Albany Law School. Over the course of the next four decades, Blair worked as a criminal prosecutor in Rochester, then for a large New York law firm in New York and Miami before starting his own solo legal practice.
Key Words: blair sibley, klassen ingalls, business broker, wholesale, plumbing, supplier, storage, marketing, distributor, distribution, market, supermarket, construction, hardware, swimwear, apparel, clothing, dry cleaners, day care, equipment, framing, staffing, fast food, hudson river valley, monroe, wayne, albany, jefferson, buffalo, erie, boston, worcester, rochester
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Whether it’s a business owner/seller or a business broker representing a business owner who is selling, buyers of businesses must be diligent about asking the right questions and getting the right information up front before wasting their time or losing money in a potential futile transaction.
Key Words: buying a business, peter siegel
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