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Recruitment Business for Sale in Bridgwater, Somerset

Bridgwater, SomersetEst. 18 years

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    657060

  • Asking Price: £250,000
  • Turnover: £1,534,000 (£29,500 per week)
  • Profit: On request

Key Features

  • Compliance with employment legislation
  • Comprehensive agency services
  • Comprehensive service offerings
  • Comprehensive candidate coaching

Business Details

Recruitment business for sale

A rare opportunity has arisen to acquire a well-established and rapidly growing recruitment business operating within the transport, logistics and wider commercial staffing sectors in the South West. The business has been in the area over 20 years with new management for 2 years.

The business benefits from the backing, systems and infrastructure of a highly recognised national organisation, while being independently operated at local level. It has developed an excellent reputation for service, responsiveness and reliability, supported by an established client base and a substantial pool of registered workers.

Under the current ownership, the business has experienced significant growth, with weekly turnover increasing by more than 137% since acquisition. Current trading is strong, with a healthy level of repeat business, recurring weekly revenue and excellent further growth potential.

The business supplies temporary, temp-to-permanent and permanent staffing solutions, providing multiple revenue streams and strong client retention. It operates within a large protected geographical territory containing significant logistics, manufacturing, distribution and commercial activity.

Considerable investment has already been made into developing the operation, including recruitment systems, compliance, candidate attraction, marketing, business development and client acquisition. There remains substantial scope for a new owner to continue growing both the existing core operation and additional recruitment sectors.

The business would suit an existing recruitment operator looking for expansion, an experienced sales or recruitment professional seeking their own established operation, or an investor looking for a profitable business with national infrastructure already in place.

Key highlights include:

  • Strong and growing recurring turnover
  • Established portfolio of active and repeat clients
  • Significant database of candidates and workers
  • Multiple temporary and permanent recruitment revenue streams
  • Experienced operational infrastructure already in place
  • Recognised national brand and proven business model
  • Large established trading territory
  • Significant opportunity for further expansion
  • Excellent potential for an owner-operator or strategic acquisition

The sale is being considered due solely to the owners' increasing commitments within other business interests, rather than any issue with the performance or prospects of the company.

A comprehensive handover can be provided to ensure a smooth transition. The sale comes with a fully trained team of over 13 years given a new owner a hands off role. Further financial information, trading history and operational details will be made available to serious prospective purchasers following appropriate confidentiality arrangements.

Early enquiries are encouraged for what represents a genuinely scalable and established recruitment business with considerable future potential.

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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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