Leading Employment Agency
Specialist suppliers of temporary Industrial & Catering personnel
Ref.CE098 Location West YorkshireAsking Price £ 395,000Confidential offered for sale | |
Turnover is in excess of £1.6 Million per annum,
Adjusted Profits is circa £200,000
Asking price includes:
Superb Office prominently situated in Prime High Street position
Experienced back office staff dealing with all temporary workers and employee payroll and accounts
Reputation for quality, reliability and integrity
Huge opportunities and expansion capabilities
A careful selective service for placements
Established Blue-chip client base
Wide-ranging customer base
Unique Computer administration system
Office furniture and equipment
Complete Turnkey Operation
Training and handover
Informative Website
Good profit margins
Goodwill | | Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | Business profile: | With a long established history, this Business presents the investor with an excellent opportunity to secure a highly successful complete turnkey operation with a secure Blue chip and Key Account database, which many other Companies have simply been unable to penetrate.
This successful independent recruitment business is run from its head office location, and has through a strategy of keen unrivalled customer service, and clear focus established themselves as the dominant players in the market.
The business offers a highly professional range of recruitment services including temporary, permanent and staff across a wide range of sectors
Employment Agency Associations Recruitment & Employment Confederation
Employment Agency Services Candidate Selection, Client Recruitment, Contract Staff, Full Time Work, Part-Time Work, Permanent Positions, Skills Assessment, Temporary Positions, Training & Development.
Types of staff supplied include: Catering Personnel;
Silver Service Staff
Chefs
Kitchen Porters
Waiting & Plate Service Staff
Front of House
Industrial Staff;
Production Line Staff
Packers
Order Pickers
Warehouse staff
Drivers
Labourers
Cleaners
Construction Staff;
Electricians
Plumbers
Pipe Fitters
Site Labourers
Mates
The business has a strong reputation amongst both its customer base and competitors for the highest professional standards and for qualifying candidates with a range of interview techniques and matching closely to clients’ specifications.
The business has established a successful and demonstratable record of accomplishment for winning and importantly developing strong client relationships. This is confirmed by an extensive amount of repeat business. The business has an enviable record of accomplishment of customer retention, account growth and long standing client and candidate business relationships.
The business is situated in a prime prestigious business location that is expanding. It is sited in a prominent position on a main arterial road and close to motorway networks, the site has private parking for employees and ample parking for candidates these advantages are confirmed by the excellent passing trade that is experienced.
Account Managers maintain close business relationships with clients and regularly make on site visits to clients and temporary workers to ensure quality of service.
All potential temporary workers are interviewed, tested for skill levels and references are taken. All procedures are taken in line with proof of identity legislation.
Credit checks are facilitated for all new customers. | Key Strengths:
The business owners have, over time successfully developed and nurtured client relationships. This has resulted in customer relations founded on a history of trading satisfaction.
The business is well established and highly profitable, with a loyal and growing customer base, retaining a high level of repeat business, particularly among a number of blue chip clients returning on a regular basis.
The company has earned an outstanding reputation for its professionalism, service, reliability, flexibility, efficient placements and its brand as a clear means of recall for clients.
The business benefits from the expert skills of loyal and highly trained staff who have embraced the company culture of providing the highest quality recruitment service. The success of the company owes much to enthusiasm and the willingness to take ownership of challenges, objectives and goals.
•A Unique opportunity to purchase a profitable company with an unsurpassed reputation within its chosen sector
•Bespoke front office system
•Gangmasters licence
•Qualified for CRB checks
•High service rates
•Bespoke front & back office support
•Local area brand image
•Quality led culture
•Superb Location with high passing footfall
•Trained consultants with in depth knowledge of the recruitment industry
•Excellent staff with in-depth knowledge of products and services offered
•Well- established client base
•Clients provided with complete service
•Strong client relationships
•Unsurpassed value for money
•Provides independent professional advice
•Very well established business providing high customer service levels
•High level of self sufficiency giving competitive pricing and fast turnaround | Growth and Expansion:
The opportunities for the expansion and growth of this Business are so far reaching that, only a face-to-face meeting with the Owners would do justice to the true potential of this Business.
Consistent achievement of each client's expectations has resulted in the Company being the company of choice when customers are faced with addressing new commercial opportunities.
The ability to add services to their portfolio has created additional profit opportunities and will allow them to approach a broader range of potential clients with confidence.
Customer Service:
The business manages many Key Accounts and does so, on a placement-by-placement or needs basis. The success of the business is founded upon its history of satisfying client needs sometimes in extraordinary circumstances.
All staff are trained to very high standards and provide a professional service to their clients. In many cases the reputation of the business for achieving this satisfaction is as a result of the time committed to vetting candidates face to face; a practice which has set the business apart from its competitors and helping to forge significant client trust.
This local independent agency are fully computerised and open five – seven days a week to provide clients with a friendly service for staffing solutions, faster and more cost-effectively than other suppliers.
The business recognises that speed is of the essence when it comes to clients replacing a valued member of staff or needing a skilled temporary worker in order to maintain consistent workflows. This is achieved using traditional recruitment methods, an understanding of the clients business and a personal approach that gives clients a quality service at competitive rates.
Key Opportunities:
This is an outstanding opportunity to build on the existing business levels and customer base of this company, backed by a leading name.
With a strong demand for this business’s services, a new owner who is capable of instilling fresh ideas will have every advantage of building on an excellent platform.
This business maintains an extensive base of satisfied customers, who value the company’s products and service. Early viewing is recommended to appreciate this excellent opportunity. The current market for this business’s service is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
The business has regular and increasing revenue generated by the extensive client base. Several established customers having multiple branches or depots and there is potential for the business to expand into these extra sites, acquiring a larger slice of the market share. | | Advertising and Marketing:
Yellow pages, local press, and brochures and the finest form of marketing, word of mouth recommendation are used to advertise and market this business. The business also has a highly attractive and functional website that allows the user to find out more about the business, its policies and the services on offer. The website is also utilised as a marketing tool to advertise current vacancies and to attract candidates. Clients are also encouraged to place their vacancies with the Company via an on-line job specification facility. There are excellent opportunities to increase this and market the business more aggressively.
Technology:
The company has in place internal quality management systems. The advanced database and communications systems and methodologies are continually developed to provide exceptional service levels to clients and candidates, whilst delivering the business a competitive advantage. | | | 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 financially stable with low overheads, positive cash flow and high gross profit. Turnover is in excess of £1.6 Million per annum, Adjusted Profits are £200,000 | Management and Staff:
The most important resource of any business is its people and this is reflected in the fact that all of the staff have been with the company long term.
Administration:
All administrative procedures are computerised and a wealth of management information is available and maintained. Accounting software is used providing detailed information regarding the financial position of the company. | Support and Training:
The owner of this flourishing recruitment consultancy will provide full training and ongoing support, as required, on all aspects of the business including the proven marketing techniques when the handover takes place and will ensure the successful purchaser is fully conversant with the operation of the business in order that it may continue to be successful and growth is achieved. | Reason for Sale:
A stage has been reached where the owners wish to reduce their working hours and plan to retire within the near future. The owners will provide full business familiarisation, training and handover and is offering the business for sale not only as an organically expanding going concern but also with further significant growth potential. | | 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 |
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