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High Volume Recruitment Agency

Undisclosed, Kent
Leasehold Price:
£220,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
235907
Reference
CE227 / Rightbiz

Details

High Volume Recruitment Agency
Ref. CE227
Location : Kent
Asking Price : £220,000

The present owners established this business in 1986. Since when it has grown year on year due to its consistent ability to provide clients with a superior level of service and a high quality level of job applicant sourced from a large and well filtered database.

Operating across the wide spectrum of recruitment the business is based on old-fashioned values, these have earned it an excellent reputation for supplying reliable and competent staff on a permanent basis.

The business aims to match candidates career aspirations to rewarding positions, and by investing time getting to know clients they make sure that only correctly qualified applicants are put forward for job vacancies.

With many years of experience in the field of recruitment the staff are all highly experienced professionals, chosen for their expertise, knowledge and ability to meet clients staffing requirements. The Company places only the most suitably qualified candidates and offers the highest quality of service at cost effective rates.

The business provides a unique, straightforward and high quality service that is adaptable to suit the individual needs of clients. In short a complete employment service tailored to meet separate businesses staffing requirements.

Key Opportunities:

There are opportunities for further expansion that could include expansion of the company by a new management team, and by further development of the client base. There are wonderful opportunities in the up-turning market for the ambitious new owner.

With a strong demand for services and capacity to increase turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.

Key Strengths:

This well-established consultancy specialises in Chemical Manufacturers, Pharmaceutical, Polymer and Life Sciences Industries.

All potential candidates are thoroughly vetted and rigorously tested before they are put forward to clients. The client base is a varied portfolio of established high quality businesses that regularly use the company services.

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 last year s turnover was in excess of £270,000 per annum The EBITDA before owner’s drawings was £76,478. Net Assets at completion are expected to be £31,415 with a £ for £ adjustment to the final sale price to reflect any movement away from this figure at completion.

Asking Price:

The vendors are seeking offers in the region of £220,00 for 100% of the issued capital of the company, assuming the NAV will be £31,476. There will be a £ for £ adjustment to the final sale price to reflect any movement away from this NAV figure in the actual completion accounts.

Advertising and Marketing:

Magazines, Exhibitions and LinkedIn.

Premises:

Open 5 days a week, operating from serviced offices on a one year rolling lease.

Employees:

All staff employed by the Company are highly experienced professionals.

Support and Training:

The owner will provide full business familiarisation and training.

Reason for Sale:

The owner retiring.

Seller Details
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Listing Details
Leasehold Price: £220,000
Tenure: Leasehold
Sector: Employment Agencies
Financials
Annual Turnover: £270,000
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Retirement Sale
  • Attractive Business
  • Company for Sale
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