Established IT Staffing Agency: 20+ Years Strong, Profitable, Government Contracts - Listed for $650,000
- Status Active
- Industry Agency
- Asking Price $650,000
- Location Remote
- Listing Duration Open
This 20+ year old IT staffing agency utilizes a sophisticated matching algorithm to provide precise staffing solutions to government agencies and large corporations throughout the United States.
Listing Details
Existing multi-year government contracts ensure a steady influx of engagements, providing direct access to longstanding relationships built over decades. With revenues projected to hit $1.3M in 2024, a 35% revenue increase from 2023, the rising demand is clear.
A robust client retention strategy, operational efficiency, and an expertly curated talent pool, are in place for the new owner to expand the market presence. Growth drivers include potential expansion into new geographical markets and diversification of services to include private sector clients, enhancing both scope and profitability.
This business is set up for success due to the company’s established market position, proven business model, and the strategic opportunities it presents for further scaling and development.
The ideal buyer for this business would be an existing entity or individual with a strong interest in expanding into the government sector or enhancing an existing portfolio in tech consulting.
- Established in 2000
- Provides highly specialized staffing services to large organizations
- Obtains clients through completing government RFPs, resulting in multi-year government contracts
- 30%+ average gross margins
- 3FT employees, 1PT, 3 contractors
Growth Opportunities
- Target additional geographic areas and private sectors
- Develop new services such as permanent placement, executive search, or specialized consulting services beyond staffing to provide a more comprehensive service
- Increase sales strategies and digital marketing