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High Volume Recruitment Agency

Ref. CE227

Location : Kent

Asking Price : £220,000

Turnover : £270,000

Net Profit : Undeclared

Gross Profit : Undeclared

EBITDA : £76,478

Net Asset : £31,415

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Net Assets £31,415
EBITDA before drawings £76,478

A speedy, careful, selective service for candidates
Substantial database of 20,000 industry professions
Reputation for reliability and responsibility
Excellent business opportunity
Complete Turnkey Operation
Training and handover
Excellent reputation
Computer system
Advertising
Goodwill

Business Profile

The present owners established this business in 1986. Since when it has grown year on year due to its consistent ability to provide clients with a superior level of service and a high quality level of job applicant sourced from a large and well filtered database.

Operating across the wide spectrum of recruitment the business is based on old-fashioned values, these have earned it an excellent reputation for supplying reliable and competent staff on a permanent basis.

The business aims to match candidates career aspirations to rewarding positions, and by investing time getting to know clients they make sure that only correctly qualified applicants are put forward for job vacancies.

With many years of experience in the field of recruitment the staff are all highly experienced professionals, chosen for their expertise, knowledge and ability to meet clients staffing requirements. The Company places only the most suitably qualified candidates and offers the highest quality of service at cost effective rates.

The business provides a unique, straightforward and high quality service that is adaptable to suit the individual needs of clients. In short a complete employment service tailored to meet separate businesses staffing requirements.

Key Opportunities:

There are opportunities for further expansion that could include expansion of the company by a new management team, and by further development of the client base. There are wonderful opportunities in the up-turning market for the ambitious new owner.

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

Key Strengths:

This well-established consultancy specialises in Chemical Manufacturers, Pharmaceutical, Polymer and Life Sciences Industries.

All potential candidates are thoroughly vetted and rigorously tested before they are put forward to clients. The client base is a varied portfolio of established high quality businesses that regularly use the company services.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The last year s turnover was in excess of £270,000 per annum The EBITDA before owner’s drawings was £76,478. Net Assets at completion are expected to be £31,415 with a £ for £ adjustment to the final sale price to reflect any movement away from this figure at completion.

Asking Price:

The vendors are seeking offers in the region of £220,000 for 100% of the issued capital of the company, assuming the NAV will be £31,476. There will be a £ for £ adjustment to the final sale price to reflect any movement away from this NAV figure in the actual completion accounts.

Advertising and Marketing:

Magazines, Exhibitions and LinkedIn.

Premises:

Open 5 days a week, operating from serviced offices on a one year rolling lease.

Employees:

All staff employed by the Company are highly experienced professionals.

Support and Training:

The owner will provide full business familiarisation and training.

Reason for Sale:

The owner retiring.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk