EXECUTIVE SUMMARYThe company was founded in 1996 in the Midwest and is a national provider of quality staffing and labor management with the capability of offering on-site HR services in all 50 states. The target market is light manufacturing firms, usually those that require packing and shipping of their products. The company's key competitive advantage is that it offers major cost-savings to its clients and usually offers the lowest price point.PERTINENT INFORMATION
- Major customers include national leaders in the auto parts, consumer products, and shipping/parcel industries, including Fortune 500 companies under annual contractual obligations;- Significant growth opportunities have been identified for vertical and horizontal expansion;- Headquartered in Orlando, with regional and franchised offices in over 15 states;- Niche provider of minority and ethnically diverse work forces on short-term deployment;- Current infrastructure and management in place can sustain over $100 million in revenue.POTENTIAL TRANSACTION100% enterprise value approaches $20,000,000 as per third-party certified appraisal;
Payment Terms: a combination of cash or equivalents, stock, earn-out, and seller financing;
Deal Structure: the owners are open to either an asset sale, a recapitalization, or a merger;
Seller Financing: the owners are open to creative deal structuring that will be tax efficient.