Listing Id: 14385
Total Views: 14806
(Sold) Recruitment Agency Business For Sale ! $48K
Central Area
Date Closed: 19/09/2020
Asking Price: Under S$50K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Owner has other business commitments
Description
Comprehensive recruitment agency for sale!
π½ About 18 years establishment
π½ EA Licence : Comprehensive
π½ Record :
ππΌ No demerit points from MOM
π½ A comprehensive licensed recruitment agency that deals with the following:
ππΌ Recruitment Management Software/ Popular Cloud-based HR Administration + Payroll App / Monster subscription/ Job portal ads/ IT Equipment/ Furniture / Fixtures and Inventory)
1. International/ Foreign Recruitment: EP, S-Pass and Work permit
2. Local Placement & Executive Search
3. Temporary/Permanent Placement
4. Contract & Temp Staffing
5. Payroll Services
π½ The following are included in the takeover:
ππΌ All clientele
ππΌ Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)
ππΌ Take over of Facebook page and website, including email accounts.
ππΌ Candidates' database + Overseas partner network
π½ Business Hour:
9 am - 6pm
π½ Revenue:
ππΌ Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)
ππΌ Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business
π½ Staff:
ππΌ 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)
ππΌ 1 freelance recruiter
π½ Data :
ππΌ All Clients
ππΌ Marketing Database of over 2000 leads
ππΌ Existing payroll parking
ππΌ All existing orders
ππΌ Payroll parking marketing video
ππΌ Candidate database
π½ Office rent per month: $3,231.00 before GST
ππΌ Rent expiry date: 31 March 2019 (renewable up to June 2020)
π½ Owner's Role: Part-time
π½ Reason to sell: Owner focusing on overseas business
π½ Sale price $50K NEGOTIABLE.
Including :
ππΌ Assets after depreciation - $48,000. Non depreciated value is over $150,000
ππΌ βJustloginβ (software) about $40,000
ππΌ βDM Recruitment management
(software about $20,000)
ππΌ Fixed Assets like chairs, tables, computers, etc
π½ Sale price excluding rental deposit
π½ This biz is suitable for entrepreneurs who want to start an Employment Agency
π½ The company has almost ceased operations except for several contract staffing monthly billables of about $900+