business for sale

Specialist Construction Staff Recruitment Service

Businesses for Sale

Sale Memorandum

Specialist Construction Staff Recruitment Service


Ref.CE032

Location Scotland

Asking Price £60,000

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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Asking price includes
Specialist agency providing permanent managerial staff for the construction industry
Reputation for honesty, reliability and responsibility
Major client contacts at Company board level
Excellent location close to public transport
Established client and candidate database
Low overheads and running costs
Office furniture and equipment
Excellent business opportunity
Complete Turnkey Operation
Training and handover
Excellent reputation
Computer system
Great Location
Advertising
Goodwill

Business profile:

This independent recruitment business commenced trading in 1998, and provides a range of professional re-sourcing services for clients.

This business proactively assists organisations to grow and develop by sourcing high-calibre staff and by developing mutual trust.

This concern is a dedicated provider of all levels of permanent and technical, commercial and professional staff to Scotland's main building and construction contractors, sub-contractors and 'professional services' organisations, including consulting engineers, project managers, cost consultants, health & safety specialists, chartered surveyors and architects.

As a contemporary business the company is constantly working to exceed the boundaries of both clients and candidates expectations by meeting the needs and skills for permanent employment.

This business provides a first class service for pro-active recruitment solutions across a broad spread of business, detailed personal knowledge and expertise in construction disciplines and personal contacts at Company board level ensure the services are tailored to meet clients needs.

Recruitment is very much a 'people' business, providing advice and practical support to clients. This agency is expert in good all round matching and ensures clients receive a friendly, professional and courteous experience.

The experienced staff are always on hand to advise clients and help with employment needs, but maintains a pressure free client relationship.

The position of the office can have additional business through passing trade. The business prides itself on their personal approach to clients and is regularly contacted by new clients who have received recommendations about their services.

Customer Service:

This local independent agency is fully computerised and open five days a week to provide clients with a friendly fast and cost-effective service.

The business recognise that speed is of the essence when it comes to replacing a valued member of staff. This is achieved using traditional recruitment methods and an honest and personal approach.

Key Strengths:

The client base is a varied portfolio of established high quality employers who regularly use the company services.

As a specialist provider of managerial staff to the construction industry in the local area, this has meant the business receives many registrants for placements.












Key Opportunities:

There are significant opportunities for expansion and to increase turnover, the business would benefit from increased and more assertive advertising,expansion of Internet utilisation andby further development of the client base, possibly into temporary assignments.

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

This leasehold property is located on an established road, adjacent to the high street in a very pleasant area close to all amenities, and benefits from a high volume of passing traffic.

The office is open 5 days a week and has a reception and interviewing area and private office space. The premises offer excellent potential for possible expansion.

The premises are leasehold with 1years remaining at a current rate of £2,400 per annum.
Advertising and Marketing:

The National and local press, trade awareness, and the finest form of marketing, word of mouth recommendation are used to advertise and market this business.

The business does used limited advertising and there are excellent opportunities to increase this and market the business more aggressively. The business has an Internet site that is under utilised and would benefit from further development and modernisation.
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 current turnover is in excess of £60000 per annum with a gross profit of circa £50
Employees:

The owner is responsible for the day-to-day management of the business, supported by two part time employees.
Support and Training:

The owner is willing to provide continuity for the new owners with a hand over period to be negotiated as part of the sale agreement.
Reason for Sale:

Due to retirement our client has now decided to place this business for sale.
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

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