Listing Id: 14385
Total Views: 15241
(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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Gross Profit
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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!
๐ฝ About 18 years establishment
๐ฝ EA Licence : Comprehensive
๐ฝ Record :
๐๐ผ No demerit points from MOM
๐ฝ A comprehensive licensed recruitment agency that deals with the following:
๐๐ผ 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
๐ฝ The following are included in the takeover:
๐๐ผ All clientele
๐๐ผ Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)
๐๐ผ Take over of Facebook page and website, including email accounts.
๐๐ผ Candidates' database + Overseas partner network
๐ฝ Business Hour:
9 am - 6pm
๐ฝ Revenue:
๐๐ผ Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)
๐๐ผ Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business
๐ฝ Staff:
๐๐ผ 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)
๐๐ผ 1 freelance recruiter
๐ฝ Data :
๐๐ผ All Clients
๐๐ผ Marketing Database of over 2000 leads
๐๐ผ Existing payroll parking
๐๐ผ All existing orders
๐๐ผ Payroll parking marketing video
๐๐ผ Candidate database
๐ฝ Office rent per month: $3,231.00 before GST
๐๐ผ Rent expiry date: 31 March 2019 (renewable up to June 2020)
๐ฝ Owner's Role: Part-time
๐ฝ Reason to sell: Owner focusing on overseas business
๐ฝ Sale price $50K NEGOTIABLE.
Including :
๐๐ผ Assets after depreciation - $48,000. Non depreciated value is over $150,000
๐๐ผ โJustloginโ (software) about $40,000
๐๐ผ โDM Recruitment management
(software about $20,000)
๐๐ผ Fixed Assets like chairs, tables, computers, etc
๐ฝ Sale price excluding rental deposit
๐ฝ This biz is suitable for entrepreneurs who want to start an Employment Agency
๐ฝ The company has almost ceased operations except for several contract staffing monthly billables of about $900+