Staffing Company - SINCE 1985
$1,050,000
The Company handles the complexities of the hiring process, from sourcing candidates to managing payroll and compliance, allowing businesses to focus on their core operations.
The Company has a database of 67,421 applicants, previous employees, and current employees to pull from. In addition, the Company has multiple online tools to attract and seek out talent for clients, including its own proprietary job board on its website.
HISTORY: The current Owner’s parents started the business in the mid-1980s after he moved from his vice president position at a Lake Oswego furniture manufacturing company and she had successfully grown an administrative support and transcribing business. The staffing industry was just emerging with unlimited opportunities!
Initially, the company operated as a franchise for Employers Overload before becoming independent in 1985. Early customer acquisition relied heavily on personal outreach and advertising in the Yellow Pages. The company’s primary focus has been on light industrial manufacturing and general office placements, with an emphasis on serving small to mid-sized businesses to be able to foster personal relationships and trust with the client.
The daughter joined the company as the first temporary employee in 1985and became more actively involved in the early 1990s. She later opened her own office in Tigard and had a franchise arrangement with her parents’ company. The two companies merged around 2000, making her a part owner. In 2004 her husband joined the mix with another staffing company with the couple purchasing the parents interest making them sole owners of both companies.
The Owners have sold their Oregon home and relocated to Salmon, Idaho. They are proud of their achievements and have established a solid foundation for the next owner. With a stable service sector and positive industry outlook, the Company is well positioned for growth.
SALES AND SELLER’S DISCRETIONARY CASH FLOW: (A death in the family in 2023 caused a one-time drop in profitability)
MARKETING STRATEGY: The Company does not have a marketing budget or department. They have relied on 40 years of repeat clients and referrals to grow the business. A new Owner with more energy could hire an outside salesperson to call on other businesses throughout their service area.
FURNITURE, FIXTURES, VEHICLES & EQUIPMENT: Included in the purchase price is Office FFE of $50,000. The FF&E has been re-casted to reflect an estimate to replace the assets with the same or similar assets in the marketplace in used condition.
DAYS AND HOURS: Monday through Friday hours are 8:00 am to 5:00 pm.
EMPLOYEES: The Company employs a General Manager, three Staffing Coordinators, 2 Assistant Staffing Coordinators and a Controller. The General Manager is moving to Montana. The previous long time Controller is still working part time but will be retiring completely. A new Owner will be able to take over the General Manager’s position.
FACILITIES: The Company operates out of two locations. The Headquarters is located in Wilsonville, and the second location is in Newberg. The Wilsonville location is in a anchor space of a multi-tenant building with leased space totaling 2,750 square feet. The Newberg location Is located in a multi-tenant business park owned by the sellers with leased space totaling 760 square feet. The current Wilsonville lease payment is $3,064.00 per month plus $1,059 in triple net. The current Wilsonville lease expires April 30, 2028. The current Newberg lease is $760 per month gross. The current Newberg lease expired on 12/31/2025. The current agreement is month to month. Renewal of the Newberg Lease is readily available.
REASON FOR SALE: The Owner has relocated to Idaho and does not want to manage from afar.
TERMS: The asking price is $1,050,000. This is an SBA transaction with Buyer’s cash infusion of $105,000 and Commercial lending of $945,000 plus SBA fees. The term of the SBA loan is for 10 years at an interest rate of 7.75% with payments of approximately $11,341.00 per month.
INITIAL INVESTMENT: The buyer will need to have approximately $115,000.00 for the following acquisition cost:
$105,000.00 Down Payment for Acquisition
$ 10,000.00 Estimated Expense for Bank Fees, Attorney Fees, and Closing Cost.
Directions: Contact Brent Freeman for more information at (503) 233-8600, Extension 2 or e-mail brentf@thecbbgroup.com.
No additional information will be released until the buyer has been pre-qualified by the Broker.
NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN