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CONFIDENTIAL SALE
FOR SALE
02/05/23
512512
ATLAS / Rightbiz
Hypergrowth healthcare recruitment business for sale
Our client is a reputable healthcare recruitment agency specializing in providing high-quality staffing solutions to healthcare providers in the Midlands, centred around their Leicester base. With a strong focus on client satisfaction and a commitment to delivering exceptional service, our client has built a loyal client base and a solid reputation in the industry.
In terms of recent financial performance, our client has demonstrated consistent growth and profitability, driven by its ability to retain clients and attract new business. The company's financial stability and strong cash flow make it an attractive investment opportunity for potential buyers.
The success of our client can be attributed to its dedicated team of professionals, including the managing director, who acts as a figurehead and motivator for the staff, and the office manager, who brings 30 years of experience in the healthcare sector. The team's expertise and commitment to excellence have been instrumental in winning new business and maintaining long-lasting relationships with clients.
Points of interest
ü Impressive turnover growth: £422,378 in 2021 to £2,668,507 in 2022
ü Consistent gross profit margin of around 32.75%.
ü Significant net profit increase: £55,198 in 2021 to £316,370 in 2022
ü Temporary healthcare recruitment
ü Not reliant on owner for successful operation
ü Diverse recruitment team: Romanian, Latvian, and Nigerian members
ü Expertise in healthcare worker communication
ü Two dedicated payroll staff for internal and temp employees
ü Two HR personnel handling recruitment paperwork and processes
ü Smart management recruitment leads to continuous influx of strong leads without proactive marketing.
Range of services
Our client matches temporary staff for hospitals, nursing homes, care homes, domiciliary care agencies and other healthcare providers.
They place temporary carers, managers and deputy managers within nursing care, residential care, extra care scheme, day care and sheltered accommodation facilities catering to the following user groups:
ü Elderly Care Services
ü Learning & Physical Disabilities
ü Children & Young Adults
ü Mental Health
To find out more
Our client is an exceptionally well-run, cleverly marketed and successful business that has experienced hyper growth since the transfer of assets and property from its predecessor business. Not reliant on its owner, the company operates through a close-knit internal team that, when needed, can support each other by handling excess work to ensure quality is maintained.
Our client enjoys fantastic, long-term relationships with both candidates and clients. This company’s operating model still has further room for improvement and innovation. Even more exciting is when a new owner decides to replicate the business model further afield whether done in-house or via franchising. This is an opportunity to purchase superb profitable, cash-generative business which has the potential to become a household recruitment brand within a few years.
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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