business for sale

Industrial Recruitment Agency

Businesses for Sale

Sale Memorandum

Industrial Recruitment Agency


Ref.CE113

Location Avon

Asking Price £ 210,000

Confidential offered for sale

Asking price includes:

Sales of circa £1,132,000 per annum
Sales that are growing year on year
Established client/customer base
Computer administration system
Excellent opportunity to grow
Office furniture and equipment
Complete Turnkey Operation
Excellent profit margins
Training and handover
Well-presented premises
Great reputation
Leasehold property
Good location
Advertising
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:

This business specialises in supplying temporary staff to a broad range of clients predominantly operating in the warehousing, distribution, manufacturing, catering and retail sectors.
The company has a core client bank of twenty active customers many of who have been dealing with this business for in excess of six years.
The temporary staff are employed in a wide variety of rolls such as picker, packers, fork lift truck drivers, and parcel sorters All applicants are security checked, two references are taken and a work history provided.

Customer Service:

The business has a number of unique propositions that make it stand out from the competition when it comes to customer service. Firstly prospective clients react positively to the fact that this is an independent business and not part of a chain. Most importantly is the twenty-four, seven, service factor. This company operates out of hour’s service whereby all clients can contact a member of the team and draft in staff at a very short notice period to cope with increased demand, staff sickness or absenteeism.


Key Strengths:

Well-managed cash flow
Extremely Loyal client bank
Blue chip clients
Quality prospect listing
Ideally located

Growth and Expansion:

The business is constantly increasing its customer base. It has a telesales team who operate on a performance related income scheme and who work a database of approximately seven hundred and fifty prospect clients.
Premises:

The leasehold premises are ideally located in a secondary retail area that also supports a large residential population .The business fronts onto a key trunk road into the city centre. The premises consist of a single fronted shop with a floor space of three hundred and seventy five square feet in the main office area and a further two hundred square feet to the rear of the building.

Business Hours:

The company operates from 8:30AM to 5:30PM Monday to Friday with a unique out of hours contact number for the supply of staff in emergency situations.
Financial profile:
All financial information will be supplied under the auspices of Turner Butler and subject to the usual letters of confidentiality. The business enjoys a turnover of around £1,132,000with gross profits being circa £210,000.
Employees:

The compact team consists of
One owner manager and two telesales consultants.
Support and Training

A full and seamless handover will be made available to the purchaser for a period to be agreed as part of the overall negotiations.
Reason for Sale:

The owner has decided to sell because of family commitments and additional commercial interests.
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

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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