business for sale

Specialist Recruitment to Private Care Homes

Businesses for Sale

Sale Memorandum

Premier IT Search and Selection Consultancy for Europe


Ref.CE059

Location London

Asking Price £550,000

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:
Specialists in recruitment of permanent and long term contract staff
Reputation for high ethical standards, honesty and integrity
An unbeatable service to clients throughout Europe
On-going growth pattern with 90% repeat business
Turnover in excess of £1.5Million per annum
Substantial database of blue chip clients
Rapidly expanding candidate list
Professional Company website
Excellent growth prospects
Lucrative profit margins
Training and handover
Excellent reputation
Goodwill

Business profile:

This company is an established successful recruitment business specialising in matching the most talented and senior IT consultants to prestigious contract positions with clients who include multinational and blue chip companies and aim to place exceptional candidates in permanent posts.

Established five years ago in January 2001, the performance levels of this company have consistently increased, which has established it as a respected agency in the market, with an excellent reputation for positive results, quality service and the highest standards.

The company has been built on a commitment to raising recruitment standards, their specialist knowledge and increased market awareness has earned it an enviable reputation for professionalism and quality amongst its high profile clients.

A key contributing factor to the continued success of the business is its flexibility to provide focus, speed and real commitment to clients needs. Time is taken to understand each client's business as well as their specific requirements and by investing time the company makes sure only candidates that are well qualified and suited to each vacancy are put forward. The company’s screening and selection process ensures that only candidates who have reached the highest IT professional standards are place with clients. The business works through the brief and aims to identify people who will best fit the requirements and company culture positions.

In a fast moving and competitive market, getting the right resources has become one of the biggest challenges. 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 and candidates receive a friendly, professional and courteous experience, creating long-term recruitment partnerships based on quality, integrity and excellent results. The core values include total honesty, confidentiality and delivering on promises.

Candidates:

Contract and permanent positions are found for the very best IT consultants and specialists in Europe, ensuring the right match for both candidate and client. Taking into account the client’s long-term aims and the skills and personality needed to suit these. The Company are always determined to exceed clients’ expectations, and seek candidates with the best combination of technical talent, motivation and personality.

Customer Service:

The company provides a one-stop solution for customers, the company’s goal is to find the right candidates and provide a professional, prompt and courteous service. The company values clients and candidates and is dedicated to 100% customer service, maximising effectiveness for its clients.

Key Strengths:

This business is an independent agency with high profile clients and has established itself as a specialist in IT recruitment with candidates chosen for their expertise, knowledge and ability to meet clients staffing requirements.

The Company places only the most suitably qualified candidates and offers the highest quality of service at cost effective rates and in a confidential and highly professional manner.

In short a complete employment service able to hold its own and with 90% repeat business, sourcing hard to get personnel and meeting businesses staffing requirements. This business prides itself on providing the very best solutions to recruitment needs and has the contacts and the reputation to ensure a highly individualised, personal service.
Premises:

The business currently operates from serviced offices at a prestigious address in the City of London.
Advertising and Marketing:

A key part of company business is regularly obtained from recommendation from existing satisfied clients the business regards these existing clients as their best advertisers and has maintained an impressive base of satisfied repeat accounts and clientele, while continuing to attract new referrals.

There has been limited investment in advertising in the past and an immense opportunity exists to build on this by implementing more assertive methods of advertising.
Services are marketed on the company’s excellent website being the company’s prime marketing method.
Growth and Expansion:

This personal and confidential agency has an extensive base of satisfied and high profile clientele who appreciate a superior service. There are many excellent avenues for growth, extra funding, additional staffing and further promotion within the appropriate market sectors could help to increase turnover and profitability.

There are many opportunities in the up-turning market for an ambitious new owner to contribute fresh ideas to build on an excellent base. This business opportunity is an ideal add on to enhance any hungry company.

Quality Assurance:

The quality is in the duration of stay and consistent renewal of long-term contracts.
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 and has shown consistent strong growth in profits. The current turnover is circa £1.5 Million per annum with a gross profit of circa £403,000 and net profit of circa £254,000.
Employees:

The vendor is responsible for the management of the company supported by one multi-tasking individual.
Support and Training:

Training and handover will be negotiated prior to the sale.
Reason for Sale:

The owner has other business interests to pursue
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:

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  4. We will contact you and put you in touch with the seller of the business.

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