UA-101348687-1

Highly profitable and successful nursing registry

Listing Number: 76471-78748

Description

A well-established, successful and profitable nursing registry supplying per diem, traveling and permanent placement RNs, LVNs and CNAs to hospitals in Los Angeles, Ventura and San Diego counties. The business has been operating for 30 years in Southern California and has a pool of over 100 nurses. For the preceding 3 fiscal years, average revenue is $2.7 million and net profit is $281,000. The barriers to entry for this type of business are high and the seller has long term contracts, which can take years to acquire, with 65 hospitals across 3 counties. This business has even greater future earning potential. Also, it can be relocated from its present location and has potential to be home-based if so desired by the buyer since work can be done over the phone or the Internet. The owner is selling to retire.

The registry has earned its Health Care Staffing Services Certification from the Joint Commission. This certification is the gold standard in evaluation for the staffing industry. It not only keeps the registry on the preferred list among its clientele but also signifies that it adheres to national standards. In addition, hospitals are now requiring the certification in their request for proposals placing it in an elite group of nursing registries to receive contracts. Furthermore, this certification attracts and retains high quality staffing personnel.

Listing Details

  • Price: $1,750,000
  • Down Payment: $700,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location: Los Angeles, California

  • Inventory: $0
  • FF&E: $0
  • Employees: 0
  • Year Established: 1987
  • Reason for Selling: Owner retirement
  • Category: Medical Related Biz