business for sale

Recruitment Company Commercial Sector

Businesses for Sale

Sale Memorandum

Recruitment Company Commercial Sector


Ref.CE067

Location Midlands

Asking Price £425,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
<>
Gross Profit circa £220,000 per annum

Asking price includes:

Full Range of Commercial Recruitment Services
Well Established Business
High Performance Levels
Good Business Potential
Informative Website
Excellent Location
Blue Chip Clients
Superb Facilities
Repeat Business
Very Profitable
Goodwill

Business profile:

This successful recruitment Business was established in 2001 and has earned wide recognition for the high level of service provided to clients & candidates.

The Business specialises in all aspects of commercial recruitment within diverse market sectors including: large blue chip organisations, local government authorities, charities and smaller independent companies.

A comprehensive range of recruitment services is provided including temporary, permanent, temporary to permanent and contract.

Attention to detail and a full understanding of client and candidate requirements have proved the foundation of the considerable success achieved by the Business. The ethos of the Business is to provide a friendly professional and efficient service.

The Business provides recruitment services to a diverse selection of roles with salaries ranging from £10,000 p.a. to £35,000 p.a. These include:

Administration
Customer Service
Market Research
Accounts
Sales Support
Conference
Secretarial / PA
Project Management
Reception
Marketing
Human Resources
Hospitality / Event M’ment


One of the prime objectives of the Business is to provide clients with suitable candidates within the agreed project timeframe. All candidates are thoroughly ‘screened’ by the Business before being presented to the client for interview.

To maintain its competitive edge within this vibrant market sector the Business regularly reviews the rates charged, ensuring that a value-added service is provided at all times.

The Business is very proud of the excellent working relationships that have been developed with both clients and candidates. Many clients are long standing and provide regular repeat business opportunities.

Preferred Supplier status has been awarded to the Business by a number of clients.
Client Services:

The Business adopts a proactive approach with clients and purposefully strives for continuous improvement in all aspects of the services provided. Clients are frequently issued with a questionnaire and requested to supply ‘feedback’ regarding the level of service provided. This initiative endorses the commitment and professionalism of the Business to ensure clients’ requirements are managed efficiently.

The Business provides an added-value service for clients by means of ‘Dedicated Automated Client Forms’ to ensure timely, effective and efficient communication. Forms can be designed to the client’s specific requirements.

Each client of the Business is allocated a dedicated Account Manager who is qualified to Recruitment and Employment Confederation (REC) standards. The Account Manager co-ordinates regular service reviews, maximises clients options, provides advice on market trends and ensures back-up support at all times.

Candidates Services:

A qualified consultant of the Business interviews all candidates to establish an individual’s career goals. If required advice on interview techniques and presentation skills can be offered to applicants.

The Business provides each candidate with full information regarding each job interview, i.e. Job Specification, Directions and Company Information.

Follow-up information & feedback is provided to all candidates.

Key Strengths:

This well-established recruitment Business has built up excellent working relationships with its clients, many of who are long standing and rely on a high standard of service. Attention to detail and the friendly approach by all personnel is one of the main factors for the success of the Business. The comprehensive and effective service that is provided enables the Business to remain a leader in the commercial recruitment sector.

Business Hours

Monday to Thursday:-09.00 to 17.30
Friday:-09.00 to 17.00
Premises:

The Business currently operates from 1st floor leased offices situated in a dedicated office building. The office is circa 1,200 square feet and accommodates the Managing Director’s private office and an open-plan general administration facility.

There is secure under-ground parking available.

The office is very well serviced with full amenities supplied.

Rent is circa £13,000 per annum
Rates circa £ 4,000 per annum

The Business is ideally located to service clients & candidates in the midland region. The motorway network and national rail are easily accessible.
Advertising and Marketing:

The management of the Business fully recognises the advantages of successful advertising to ensure a constant flow of suitable applicants for inclusion on the company database. Advertising includes:

• Local Press
• Radio Campaigns
• Leaflet Drops
• Out of Hours Open Days

The Business has an excellent and informative website that is clear, precise and very easy to navigate. On-line registration is available.

A large percentage of new clients and candidates derive from recommendations, which is further testimony of the excellent reputation the business has earned since inception.
Growth and Expansion:

There are excellent opportunities to increase the levels of business. Since inception this Business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients and candidates. It is considered that a new owner with fresh impetus and enthusiasm can capitalise on the incremental opportunities available.
Financial profile:
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 Business is consistently successful. 2005 sales are circa £650,000 per annum, with a gross profit of circa £220,000 and PBT circa £100,000.

Full financial information is available subject to the confidentiality being returned.
Management & Staff:

The Business currently employs 4 staff:

Managing Director / Owner
Senior Consultant
Office Manager

Business Development Consultant
Reason for Sale:

The present owner of the Business now wishes to pursue other business interests.

Support and Training:

A full hand-over is available and the time frame can be agreed as part of the sale transaction.
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 & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
  2. Print the confidentiality agreement
  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

[back to businesses for sale] [return to top]