business for sale

Industrial and Driving Temporary Recruitment Agency.

Businesses for Sale

Sale Memorandum

Industrial and Driving Temporary Recruitment Agency.


Ref.CE097

Location Devon

Asking Price £1,000,000

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
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Annual Turnover Exceeds £2 Million
Annual profits are circa £350,000

Providing Pro-active recruitment solutions tailored to clients needs
Permanent & Temporary recruitment and a one-stop-shop for all Human Resources needs, providing advice and practical support in areas such as employment law, HR policies, training- in fact any aspect of employing people.

In short a complete employment service tailored for business requirements.

Business profile:

The business is a long established and reputable private company providing focused recruitment solutions across functional and industry sectors through a centrally located office that benefit from scale and synergy.

Since 1999 this business has recruited for clients large and small, including global blue chip organisations. Consistent, sustained growth has been enjoyed, reflected by assignment volumes, the number and expertise of consultants, research and administration staff

Recruitment is very much a 'people' business and this business are experts in good all round matching to ensure clients receive a total quality, one-to-one consultancy service.

The business is very much a partner when it comes to recruitment requirements, not a supplier, the best provider of Permanent, Temporary, Full time, Part time, Industrial and Office Recruitment from strategic, permanent appointments to urgent and interim requirements.

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.

The senior recruitment consultant has been an executive manager with experience and background consistent with the sectors on which he focuses

The mission of this business is to deliver the best recruitment solutions by providing a superior and refreshing service, with a commitment to delivering clearly defined services, visibility and value
Serving specific markets by providing the most effective, comprehensive, successful and thorough range of recruitment services available, whilst developing long term, mutually beneficial relationships with clients and candidates.

The business was established in 1999 and has shown consistent growth.

The positioning of the office has enabled the team of recruiter’s branch to build an excellent database of resources that are networked across the office. The result is that both the organisation and individuals have access to virtually unrivalled resources and local market knowledge.

This market leader in the local recruitment of senior, industrial and commercial personnel now offer a HR service designed to support clients not only with recruitment but also with the management and development of people, provide a one-stop-shop for all clients HR needs, providing advice and practical support in areas such as employment law, HR policies, training- in fact any aspect of employing people.




In short a complete employment service tailored to business requirements when needed.

This excellent opportunity to acquire a very profitable company with, pre-eminence in Devon, substantial growth potential selling at a very low multiple to its cash flow. The business complies with the Employment Agencies Act 1973 and regulations

Offices

This business operates centrally located office covering all sectors of business.

The office is located in central, character buildings, further details of tenure size and location will be provided on completion of the confidentiality agreement.
Market Outlook

Competition: The business has developed an excellent reputation over the past five years, having developed processes to help ensure that the employees they place are an excellent fit with their clients. This has resulted in on-going business with many existing clients


Growth/Expansion: The Company has grown to £2,000,000 in revenues in just five years. Future growth can come from adding clients to the existing office, by expanding into other professional fields as well as expanding through opening new locations.

Build on this profitable base with leading blue chip companies, the placement of temporary employees and outsourcing is truly a growth industry in today's economic climate.

Clients

The business has successfully handled assignments and maintains loyal clients across a very wide range industries and sectors.

Staff

Overseen by the Managing Director, responsibility for the day-to-day management of the business is delegated to the Office manager supported by the three recruitment consultants.

Reason for sale

The Owners following the successful handover and transfer of the business wish to travel to enjoy the fruits of their labour. The opportunity is now yours. Excellent profitable base with blue chip companies already established, which can be built on and enhanced.
Financial profile:
Not Available
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.

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