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Hard To Find Caribbean Payroll Solutions Firm
Location: Bahamas -> Nassau
Industry: Business Services > Other Services

Business Summary

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. Please refer to lisitng 0101541947, business broker Thom Milana 5617026867 when you inquire about this listing


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $778,101
Cash Flow:   $436,995
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,100
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  For 24 weeks at no cost
Reason For Selling:  Retirement, Life Commitments


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Print Listing Id: 700349740
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