State:
Arizona
Category:
Staffing
Asking Price:
$2,300,000
Revenue:
$1,000,000
Company Overview
PRIME exits and American HealthCare Capital are pleased to exclusively introduce a nationwide staffing company for sale that specializes in Life Sciences Recruiting. The Company was started in 2017 and is Headquartered in Scottsdale, Arizona. The business specializes in life sciences recruiting with a focus on direct hire and consulting services, particularly in clinical research. These positions include Clinical Research Coordinators, Principal Investigators, Sub-Investigators, site leadership, business development, regulatory, patient recruitment, and quality.
Permanent placement represents 84% of their business and RPO represents 16%. The business prides itself on the culture code: self-driven, quality, resilient, and limitless. They cover the Continental United States and hold over 65 contracts in Clinical Research, Biotech, Healthcare and others.
The business has over 40,000 LinkedIn Followers and over 10,000 + candidates in their ATS database. The business is relocatable, does not require any special licenses, and holds two Trademarks.
Financial Overview
The business has been steadily growing since the 2020 pandemic. The company finished 2020 with Gross Revenue of $254,000. They had a breakout year in 2021 with Gross Revenue of $770,000. The business continued to grow in 2022 with $942,000 in Gross Revenue, and in 2023, the business topped $1 million in gross sales with an adjusted EBITDA of $306,000. The projection for 2024 is very encouraging as well, with yearend Total Revenue predicted to be $1 million and an adjusted EBITDA of $416,000.
Staff Overview
The company is owned and operated by three founders who are flexible to the needs of the buyer. They will stay for an agreed upon time period to ensure a smooth transition, successfully transfer clients and candidates, and the training of new ownership.
Asking Price
The asking price for this opportunity is $2.3 Million.
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