| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 42,913 TIME(S)
BUSINESS REFERENCE : CE133 / RightBiz SPECIALIST RECRUITMENT COMPANY | | | | | | Specialist Recruitment Company Confidentially offered for sale Ref No: CE133 Location: South Humberside Asking price: ₤1,200,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Employment Agencies | | SALE: | Agent Sale | LEASEHOLD: | £1200000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This is a unique opportunity to obtain a recruitment company who specialises in supplying Polish labour to key industrial manufacturers in the UK.
The owner and his wife have built up an excellent number of contacts in Poland who can readily supply hard working permanent labour to UK industry. These workers are prepared to work long hours, with high productive levels, to earn far more money than they could earn in their own country. The company have a waiting list of workers who are keen to come and work in the UK.
The business has a major industrial contract, to supply permanent labour, and at present are providing circa 120 workers, with permanent employment.
The company runs smoothly, has low overheads and is extremely profitable with enormous scope for expansion with the right new owners. The company is regularly audited by its industrial partners and is proud its excellent reputation for supplying reliable and dilligent labour.
Customer Service:
The company has concentrated its resources in supplying to one of the main industrial employers in the South Humberside area, and at present provides circa 120 permanent workers.
They have a waiting list of willing workers and are even able to provide holiday cover for their workforce.
The company looks after the workforce by arranging initial furnished accommodation for them in the area. They also provide the transport, to and from work.
Key Strengths:
This small company has become a vital source of labour for their industrial partner. Without them the factory would struggle to cope with obtaining over 120 workers in a short period of time.
They have a large volume of workers who wish to come over from Poland, as employment is hard to find, plus they can earn far more money in the UK than in their home country. The company has built up its contacts in Poland, and now have a waiting list of workers who are keen to come over to the UK..
The company works with very low overheads, runs smoothly and is highly profitable.
Growth and Expansion:
The two owners, who are husband and wife, currently handle all aspects of the business from their home. The business runs smoothly and they have no desire to grow the size of their operation.
Recently they have turned down contracts to supply labour to new factories, as this would increase their workload. The owner also suggested that other new contracts are available, but they do not want to take on any more work.
Key Opportunities:
The company has proved, over a five year period, that their business model works successfully and that they can sustain a regular and reliable work force to a major UK employer.
There is a waiting list of Polish workers wishing to obtain employment in the UK and there are other contracts which can be obtained from factories around the UK.
Unfortunately the owner’s health now prohibits him from growing the business any more and he wishes to sell the company and retire. He suggests that the business can grow quickly with new owners in place, with a desire and energy to take on new contracts supplying labour to UK factories.
Employees
The owner and his wife run all aspects of the business with the help of two part time drivers, who transport the workers, to and from their accommodation, to the factories.
Premises:
The business runs from the owner’s home base.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The turnover is circa £2,508,000 per annum with Gross Profits of circa £656,000 and Adjusted Net Profits of circa £551,000.
Reason for Sale:
The owners would like to retire and believe this would be a perfect time for someone to take the business onto the next level.
Support and Training
Both the owners would be happy to help out with a smooth transition of the business and help in anyway possible | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CE133 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
