Profitable Caribbean HR and Payroll Services Opportunity | Transworld Business Advisors

Profitable Caribbean HR and Payroll Services Opportunity

Listing Number: 0101-915758

Description

A profitable and well established management firm. Providing HR and Payroll solutions for the corporate world including many American and European clients, who desire to operate within the Caribbean. Designed specifically to assist the employers within the Bahamas and at least 10 other countries. A Caribbean based business, with services that consists of about 60% Payroll (PEO & Employee Leasing) and 30% HR (Executive Recruiting, Placements). The owner is seeking to retire from the industry, but will be amenable to a reasonable transition period, for a qualified buyer. There is a fully trained staff in place and a fully equipped office from which all operations are handled. A prospect should have HR and or Payroll experience. Excellent books and records, however this is NOT an American company. *All financials are in Bahamian Dollars which are currently equal to the U.S. Dollar.

Listing Details

  • Price: $649,900
  • Down Payment: $550,000
  • Sellers Discretionary Earnings: $262,314
  • Total Sales: $444,314
  • Location: New Providence

  • Inventory: $0
  • FF&E: $75,000
  • Employees: 8
  • Year Established: 2007
  • Reason for Selling: Personal Commitments and Aspirations
  • Category: Business Services,Consulting Business
Profitable Caribbean HR and Payroll Services Opportunity

Contact Agent:

Thomas R Milana, P.A. CBI