Summary: 
Avoid the hassle of development and startup costs with this affordable recruiting website that attracts jobs seekers and job posters
Business Type: 
online businesses
Location: 
Nebraska
Price: 
$100,000
Sales Revenue: 
$85,687
Cash Flow: 
$35,223
Realestate Included: 
No
Inventory: 
$3,100
Internal Listing:: 
ONL004
Reason for Sale: 
Owner has another company that he spends 40+ hours per week which does not leave enough time to focus on growing this business.

Avoid the hassle of development and startup costs with this affordable recruiting website that attracts jobs seekers and job posters in rural communities. This could be a nice strategic purchase to offer more at your current business. On average there are 200 active rural job postings listed on the website at a time. There is one full time employee that does all of the day to day operations including client onboarding, sales and advertising to acquire employers and job seekers.

The owner has another company that he spends 40+ hours per week on which does not leave enough time to focus on growing this business. With more than 10 years of experience in the employment industry the current owner recognized the struggle in rural communities to maintain and recruit talented personnel. Therefore, developed this online service to meet client demand. Growth opportunities such as develop new markets in rural communities and build relationships with new businesses, colleges and local organizations.

Unfortunately the owner’s focus on another business consumes too much time to be able to further grow this niche market. Here is your opportunity to take over a turnkey growing business with a 54% profit margin and develop new rural markets that have a need ready to be filled.

Only $20,000 down, which is much less than the time, expense and energy to recreate this.

Financial Overview
List Price: $100,000
Gross Sales
2015 Annualized: $84,819
2014: $85,687
Cash Flow
2015 Annualized: $46,155
2014: $35,223
Growth: Projected 31% cash flow growth in 2015
Profit Margin: 54%

Assets Included in Purchase: $3,100
Intangible Assets: Website Domain
Inventory: $3,100
Marketing Materials: $1,600
Mascot Outfit: $1,500
Startup/Development Costs: 9 months ~$15,000 investment

Business Information
Location and Service Area: Currently Central Nebraska (Grand Island, Kearney & Hastings) however the software has the ability to be scaled nationwide. Office is relocatable
Clients: On average 200 active rural job postings listed at a time.
Reason for Selling: Owner has another company that he spends 40+ hours per week which does not leave enough time to focus on growing this business.
Employees: One full time employee does all day to day operations including client onboarding, sales and advertising to acquire employers and job seekers.
Current Advertising: Career Fairs, local radio, Facebook, email blasts to 10,000+ job seekers with number growing
Growth Opportunities: Develop new markets in rural communities and build relationships with new businesses, colleges and local organizations.
Seller Training Period: 90 days. Training to include backend software, onboard new clients, invoicing, IT contacts and needs, sales and marketing processes.
Current Owner’s Responsibilities: Totally Absentee

Funding Example
Purchase Price: $100,000
20% Buyer Down Payment: $20,000
40% Seller Financing: $40,000
40% Line of Credit: $40,000

Net Operating Income (Profit): $19,434

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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