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Colorado Based Virtual Payroll Service

Listing #: CO1030
AVAILABLE

This highly efficient and highly profitable Colorado based virtual payroll service is a great find for most anyone seeking a business with tons of potential for growth and offers a nice cash flow to the owner! The employees work remotely using state of the art software with high performing technology and integrations that can pay US based and international employees, as well as contractors nationwide and internationally.
Basic client payroll and software support is provided through partnering with Gusto, a top-tier payroll platform provider, and advanced payroll support is provided the Firm.
The sale includes one part-time payroll admin, one part-time certified payroll professional, and one full-time payroll professional.
With over 30 years of payroll industry experience, the seller has offered to help establish the payroll business for the buyer to maximize their profits. The seller will assist the buyer with pricing structure to maximize the profit margin and review best practices for operations and onboarding new clients.
Additional opportunities exist for upselling payroll services to a buyer’s client base, strategizing the pricing structure to maximize margins, and assist buyer with the conversion process for their current clients that convert to the Gusto platform.

Asking Price:

$1,195,000

Annual Gross:

$821,000

Revenue Breakdown:

100% Payroll and related services

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