Featured Brokers
CONFIDENTIAL SALE
FOR SALE
31/01/24
606033
155023 / Rightbiz
The company offers innovative, word-class, end-to-end recruitment services in all categories for common administration and IT, including the provision of temporary, permanent, and contract personnel. The company recruits candidates for all roles, from labour to executive positions.
Operations are controlled by proprietary software that consistently outpaces competitors and has the potential to influence the global recruitment market.
Having built its ongoing success primarily within the temporary labour market, the company offers safe, reliable, and sustainable recruitment services to some of the largest companies across New Zealand, some of which operate outside New Zealand.
The company is now being offered for sale to facilitate other, unrelated business interests and retirement plans.
Offers invited.
Key Highlights
- Recently appointed the highly sought-after All of Government contract that comprises 473 active Government agencies and over 4,000 boards of trustees and schools, providing extensive growth opportunities.
- Operates a 24-hour support centre that provides dedicated after-hours services.
- Backed by a number of industry associations, including the RCSA and EMA, as well as holding the highest level in safety through Gold SiteWise accreditation.
- Many client relationships span almost a decade.
- Is primed for global expansion, with the UK and Europe being key areas that could be targeted.
- Day-to-day operations are controlled by the General Manager and a strong second-tier management team without the need for the input of the major Shareholder.
- Operates from seven separate leasehold offices that are all ideally situated in prime locations.
Financial Highlights
- Turnover in excess of NZ $38m in FY23 with an adjusted EBITDA of circa NZ $3m.
- Forecast turnover of NZ $36m for FY24 with an EBITDA of NZ $1.7m.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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