Leading Human Capital Management Provider with Extensive Recurring RevenueListing: #PAE00075
About this Business for sale in East Coast StatesLeading Human Capital Management Provider with Extensive Recurring Revenue
This unique, profitable Human Capital Management (HCM) provider, with over fifteen years of experience, designs HCM systems to meet specific client needs, and offers industry-leading customer service, on-boarding and training, resulting in a customer retention rate of over 97%. The Company focuses on small-to-midsize businesses with a sweet spot of employee bases between 100 and 1,000. Larger providers have historically disappointed this target market, and companies of this size are likely to utilize many of the modules the platform has to offer and to maintain a long-term relationship with a provider. The Company’s expert team of HR professionals allows it to effectively partner with companies of all sizes, and in all industries, while tailoring guidance and services to meet each customer's unique needs. The long-term customer relationships continue to grow as the company continues to add new services, and the Company’s average revenue per client is among the highest in the industry. The Company services its vast customer base with direct access to its experienced payroll, benefits, tax, and time and attendance experts who assist with issues ranging from the simplest to the most complicated.
The company has a long-term, dedicated, knowledgeable employee base, and a leadership team with an average tenure of ten years.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.