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Lancashire Recruitment Agency & Consultancy for Sale - Relocatable with Strong Financials & Growth

Undisclosed, Lancashire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/04/23

  • Advert ID

    512242

  • Reference

    B07171 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Recruitment agency and consultancy

Business
Please quote reference B07171

Established in the early 2000s, the company is a long-standing independent recruitment specialist, with a focus on the haulage, industrial and technical sectors. Currently based in the North West, the company prides itself on its strong ethos and upholds a commitment to provide a superior and transparent recruitment service, utilising systems and software solutions that are unique to the business. 

The company benefits from an outstanding financial track record and low risk profile, with a turnover of £3.8 million in 2021 and a diverse client base. The company has also remained highly resilient throughout the economic fluctuations of the past two decades (the financial crisis, Covid-19 lockdowns, etc.). It also maintains an impressive reputation in the market, with an impeccable customer service record, a 4.6/5 Google Rating, and uniformly positive reviews amongst clients and candidates alike. The company upholds core values of community, integrity and equality.

The business had excellent growth for 2023, with a turnover above £4m and a gross profit of £837k

Indeed, the company has a number of important gains to offer the prospective purchaser, including:

  • An excellent financial profile, with a turnover of £2.9 million and an adjusted EBITDA of £152,482 over 9 months of trading in 2022;
  • Good Return on Investment (ROI), with all three directors removed;
  • A diverse client base, ensuring a low risk profile;
  • High rates of repeat business, with high client retention;
  • Strong company ethos, with a number of bankable USPs;
  • An ISO 9001:2015 registered company and holders of a GLAA licence;
  • An experienced and loyal team of staff with multilingual capabilities;
  • A buoyant market.
  • Relocatable business opportunity;
  • Huge scope for growth, e.g. by expanding into new sectors (the food and hospitality sector).
Highlights -

  • Independent recruitment specialists, with a focus on the haulage, industrial and technical sectors;
  • Excellent financial profile, with a promising ROI;
  • A diverse client base, with high retention rates and an excellent customer service record;
  • An experienced and multilingual team of staff;
  • A strong company ethos;
  • Relocatable;
Opportunities -

  • Opportunity to diversify into other sectors;
  • Scope to improve marketing strategy and drive sales;
  • A relocatable business.
The shareholders wish to embark on new paths, with plans to emigrate and plans to take an early retirement. A handover period is negotiable.



Location
Located in the North West of England. 



Premises
N/A



Tenure
Relocatable business.



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experienced staff



Financial Profile
  • 2023 turnover IRO £4m
  • 100% share capital
  • Interested parties will be required to sign an NDA
  • A handover period is negotiable




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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Recruitment agency and consultancy - B07171 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.