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Listed by:

The Firm

Nurse Staffing Agency Texas Profit Margin For Sale

Texas, US
Asking Price:
$6,050,000 (USD)
Sales Revenue:
$5,969,179 (USD)
Cash Flow:
$1,911,740 (USD)

Due to the supply and demand of nurses, this staffing agency has a steady flow of clients each week and has seen year-over-year growth in sales and consistently high profit margins! Established in West Central Texas for over 20 years, the company provides Registered Nurses, Licensed Vocational Nurses, Certified Nursing Assistants, and Certified Medication Aids for hospitals, clinics, nursing homes, government, state, and schools on an as-needed, short-term, or long-term basis. Partnering with some of the leading healthcare facilities in the state of Texas, each nurse recruited by the agency is sent to the client as a W2 employee, which sets them apart from other staffing agencies. They average 65-75 active employees (RN’s, LVN’s, CNA’s, and CMA’s) who are in the system and ready to work when needed. As facilities are constantly faced with last minute and temporary staffing needs due to vacations, staffing shortages, and open shifts as a result of scheduled and unscheduled absences, this agency has a steady flow of clients each week.

Office staff includes 1 Office Manager/HR and 1 Staff Coordinator, and all nurses in their database are employed by the agency. All applicants are thoroughly screened before being submitted to a facility’s HR department. Base hourly rates for the nurses range from $18-$25/hour for CNA’s, $30-$37/hour for LVN’s, and $40-$47/hour for RN’s, with rates going higher if the nurse is working in a specialty unit or Covid unit. The number of clients/positions filled varies by the week, depending on demand; in general, the agency distributes 35-45 paychecks each week to the nurses.

Priced at $6,050,000, this agency already has a solid reputation and a well-established client base. A new owner could easily boost revenue by implementing a marketing strategy, creating a social media presence, and updating the company website. This would be a great opportunity and highly beneficial for an existing staffing agency to purchase.

Property Information

Real Estate:

Lease

Location:

West Central Texas

Premises Details:

Lease: 900 sq. ft. office space; Rent is $7,500/year – this includes all utilities

Business Operation

Expansion Potential:

Lease: 900 sq. ft. office space; Rent is $7,500/year – this includes all utilities

Reasons for selling:

Approaching Retirement

Employees:
1 FT Office Manager/HR + 1 FT Staff Coordinator; all recruited nurses are also W2 employees
Years established:
2000

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $6,050,000

12% Buyer Down Payment $756,250
18% Seller Financing $1,089,000
70% Bank Loan $4,204,750

Related Documents:

Contact The Firm

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