Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Independent Multi-sector Recruitment Company Supplying Industrial, Distribution, Engineering & C

LISTING DETAILS
Firms For Sale ID:
34574
Vendor reference:
CE221
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£175,000  
Turnover / revenue:
£660,000
Net profit / cashflow:
£52,000
Years established:
7
Number of employees:
3
Employees / staffing:
The vendor works full time in the business. However he now tends to operate on a strategic and business development level having put in place a capable team of experienced consultants (2 full time) who run the business on a day to day level. The business also employs one part time administrator.

OTHER DETAILS
Reason for selling:
Lifestyle choice vendor looking to emigrate
Support and training:
The vendors will provide support and training at handover and would also be happy to provide remote assistance for a further period of time to be negotiated prior to the sale.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The agency is ideally located in a busy town centre street. It occupies first floor offices and has good signage. Annual rent is circa GBP 6,150 p.a. The business enjoys 100% small business rates relief. There is ample parking close by and it is also close to the railway station. The business could easily be relocated if need be with minimum disruption.
 
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BUSINESS DESCRIPTION
Independent Multi-Sector Recruitment Company supplying Industrial, Distribution, Engineering & Commercial Staff
(Temp & Permanent)
Ref. CE221
Location : Warwickshire
Asking Price : GBP 175,000
Established by the vendors in 2009, this business provides an independent local recruitment service supplying temporary and permanent staffing solutions within multi-sectors across the UK. Sectors the agency serves include:

Industrial
Commercial
Distribution
Manufacturing
Engineering
Environmental
The company has a diverse range of customers. Its weekly client base range from global car brands, large multi national manufacturers, industrial & warehouse logistics firms, public sector Councils, facilities management companies and many more. The majority of placements are temporary in saying that the business is seeing good growth in permanent placements (currently circa 10% of business).

The company has grown from strength to strength from an autonomous/ empowered environment employing dedicated staff and operating excellent in house quality management systems and earned an enviable reputation for professionalism and quality.

Independence is a key contributing factor to the continued success of the business as this allows the flexibility to provide focus, speed and real commitment to clients needs. The company ensures that each individual candidate and client receives the same high degree of customer care.

The business aims to match candidates career aspirations to rewarding job positions, and by investing time and using an exhaustive pre selective service they make sure only candidates that are well qualified and suited to each vacancy are put forward.

This business prides itself on providing the very best solutions to recruitment needs and has the contacts and the reputation to ensure a highly individualised, personal service.

Recruitment is very much a people business, providing advice and practical support to clients and this agency is expert in good all round matching and ensures clients receive a friendly, professional and courteous experience.

Expansion Potential
The vendor has recently invested in back office systems and infrastructure to enable sustained growth over the coming years. There are a number of opportunities to increase turnover. The business would benefit from further development of the client base and increased customer numbers. Targeting new markets as well as growth in permanent placements through the ongoing development of its new permanent placement brand is expected to increase revenues significantly.

The automotive sector is an area the business is particularly strong in and it has identified a niche market within this that represents significant growth opportunities moving forward.

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

This business offers a tremendous opportunity for growth and expansion, with wonderful opportunities for the ambitious new owner or another agency wishing to expand their portfolio.

The company is ideally positioned both sector wise and geographically we are advised recent government statistics have identified the local area as the fastest developing area in the UK outside London enjoying huge commercial, industrial and residential growth and investment.

Market / Competition / Non-Competition Agreements
The company is highly credible and continually advertise through the most appropriate and successful mediums. The best form of advertising is Recommendation. The business regards existing clients as their best advertisers, bearing testimony to the excellent reputation the business has earned since inception. The business has an informative web site. Advertising has also included utilising branded job boards, social media, internet, local events and sponsorship. A high percentage of the business revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry.