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Hard to Find Caribbean Payroll Solutions Firm

Listing Number: 0101-541947

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 14 other countries. A Caribbean based business with services that consists of about 85% Payroll Services (PEO & Employee Leasing, Managed Payroll) and 15% Human Resources (HR Management & Consulting). 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. 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: $1,300,000
  • Down Payment: $910,000
  • Sellers Discretionary Earnings: $436,995
  • Total Sales: $778,101
  • Location: New Providence

  • Inventory: $100
  • FF&E: $75,000
  • Employees: 9
  • Year Established: 2008
  • Reason for Selling: Retirement, Life Commitments
  • Category: Business Services
Hard to Find Caribbean Payroll Solutions Firm

Business Listed By:

Thomas R Milana, P.A. CBI
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