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Description

SOLD ‘Q3 2021

Orange County Professional Employer Organization (PEO) for Sale

Mission Viejo, CA (Orange County) (Relocatable)

Asking Price:                    $200,000

Cash Flow:                        TBA

Gross Revenue:               $423,061

EBITDA:                            TBA

FF&E:                                 N/A

Inventory:                        N/A

Established:                     2018

Employees:                      One

 

Business Description

Group benefits insurance brokers – earn MORE money on your CURRENT book of business. A group health client with 60 lives that currently earns about $25k in commissions could be earning six figures by moving that client to this platform, offering the same level of service or better, and saving them money!

This is a fully built-out platform for a small and agile Professional Employer Organization (PEO) that was recently created by partners experienced in group health insurance and human resources management.  Sellers invested $500,000 in building a seamless and customized cloud-based solution, with training resources, to provide a fortune 500 human capital management solution for small to mid-size businesses, which is a highly underserved market for this type of solution.  With ever increasing HR regulations for doing business, and with an economic need for many small to mid-size businesses to find an affordable outsourced solution for managing those regulations along with many other HR tasks, this Business is poised to dominate an underserved market niche.  This is an excellent opportunity to take this new business that is already signing up clients, and to run with it, for a significantly smaller financial investment than would be required to start this business from scratch.  NDA required for detailed info. {SUBMIT BELOW}.

Detailed Information

 

Facilities:

Currently run out of the office of another business.  Can be home-based or can be rolled into a complementary business.  Highly portable, and a business that can be run nationwide.

Competition:

Competitors are large and well-known companies with extremely high price points, making themselves a poor option for smaller businesses.  This Company has a cost structure that will allow you to remain highly competitive with price, and still rake in a profit.  Dominate this underserved market niche!

Growth & Expansion:

The Company has begun taking on clients and has more in the pipeline.  If you have a complementary business such as group health or payroll, you have a built-in book of business to whom you can market these services.  In addition, the Sellers have marketing campaigns in place and ready to go, to get you started rapidly building your new book of business.  Impressive growth is expected for this Business in the next couple years.

Support & Training:

As needed.

Reason for Selling:

Sellers own other businesses

Financing:

Financing available if the price and deal structure is right

Contact info

Pronova Partners

Inquire about this property

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