HomeSOLD – Leading Employment & Staffing Franchise in Rockville, Maryland

SOLD – Leading Employment & Staffing Franchise in Rockville, Maryland

  • Business Type: Other Business Services
  • Asking Price: 300000.00
  • Gross Revenue: 456569.00
  • Cash Flow: 310294.00
  • FF&E Value: 25000.00
  • FF&E Included in Sale: Yes
  • Inventory Value:
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Maryland
  • City/County: Montgomery
  • Year Established: 2017
  • Employees: 3
  • Listing Number: HZ473DZ
  • Listing Broker: Dustin Zeher
  • Broker Contact: 571-437-5135
  • Broker Email: dustin@horizonbrokers.com
  • Business Summary: Excellent opportunity to own a well-known staffing franchise in Rockville, Maryland. The business is locally owned, but part of a nationally recognized industry leader and this specific franchise has served the suburban Maryland market for over 4 years. This is an ideal opportunity for someone looking for a growing, turnkey business with minimal overhead and significant room for continued expansion. The owner has done an excellent job building relationships with major employers in the territory and has contracts in place with a number of well-known companies.

    This location was founded in 2017 and specializes in both temporary and full time employment contracts. The owner works with job seekers and employers allowing them to address the specific needs of their clients. The franchises serves a number of target industries including retail, manufacturing, finance, industrial, and other business services. One of the benefits to being part of a nationally known franchisor is that they handle many of the back office functions and allow the owner to focus on filling open positions and growing their franchise. The Montgomery County area is projected to add millions of new square feet in office, commercial and residential buildings over the next 10 years making this one of the prime markets for a staffing agency in the DC area.

    The franchise does an excellent job marketing and branding the business and has key relationships in place with a number of prominent organizations in the DC area. The franchise offers a comprehensive training/on-boarding program to all new franchisees as well. While the new owner is training with the franchisor, the owner will continue to operate the business as usual and prepare to assist with a seamless transition to the next owner. Please note, the revenue and cash flow numbers claimed in this ad are Trailing 12 Months from April 1, 2021 - March 31 2022. Final 2021 numbers were $350,310 in Revenue and $209,023 in Cash Flow, which is about a 48% increase in the average (from 2018-2021) revenue performance of the business. The franchise suggests and typically sees franchise resales from 1.5-2.5x cash flow - we are offering this great territory with lots of growth potential below market at less than 1x cash flow if looking at the past 12 months and 1.44x 2021's cash flow. Contact us today to learn more about this opportunity!

  • Description of Facilities: The business operates out of a 1,009 sq ft space which is leased for $2,240.76/mo in an office park just off a major thoroughfare. The location is ideal as it is situated just off I-270 & Shady Grove Road and the landlord offers free Uber rides to the Shady Grove Metro and Downtown Crown shopping area.
  • Competition: There is standard competition for the industry and market, but this business has been established for 4 years and has a number of contract and relationships in place. The staffing industry is highly fragmented and competitive so it’s imperative to have a foothold in place, which is why owning an established operation is highly appealing.
  • Growth & Expansion: There is room to grow and expand the business. The franchise saw a slight downturn due to the pandemic, but numbers have been trending up in 2021 with very little sales effort. A new owner might consider devoting time and resources to establishing relationships with prominent employers in the franchise territory. It would also be beneficial to have an individual focused on outbound sales efforts to drum up new leads and potential opportunities to augment the inbound leads.
  • Seller Financing Available: Yes
  • Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
  • Reason For Sale: Owner would like to pursue other business opportunities.
  • Seller Support & Training: Owner will provide necessary training and support.
  • Get More Information: To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
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Excellent opportunity to own a well-known staffing franchise in Rockville, Maryland. The business is locally owned, but part of a nationally recognized industry leader and this specific franchise has served the suburban Maryland market since 2017. This is an ideal opportunity for someone looking for a growing, turnkey business with minimal overhead and significant room for continued expansion.
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