Singapore  Singapore

Sell a Business

Listing ID: 14385 Last Refreshed: 07/05/2019 Total Views: 10743

Recruitment Agency Business For Sale ! $48K

Central Area

Asking Price: Under S$50K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd
Email Owner

Reason For Sale

Owner has other business commitments

Description

Comprehensive recruitment agency for sale! 

💽 About 18 years establishment

💽 EA Licence :  Comprehensive

💽 Record :

👉🏼 No demerit points from MOM

💽 A comprehensive licensed recruitment agency that deals with the following:

👉🏼 Recruitment Management Software/ Popular Cloud-based HR Administration + Payroll App / Monster subscription/ Job portal ads/ IT Equipment/ Furniture / Fixtures and Inventory) 

1. International/ Foreign Recruitment: EP, S-Pass and Work permit

2. Local Placement & Executive Search

3. Temporary/Permanent Placement

4. Contract & Temp Staffing

5. Payroll Services

💽 The following are included in the takeover:

👉🏼 All clientele

👉🏼 Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)

👉🏼 Take over of Facebook page and website, including email accounts.

👉🏼 Candidates' database + Overseas partner network

💽 Business Hour:

9 am - 6pm

💽 Revenue:

👉🏼 Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)

👉🏼 Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business

💽 Staff:

👉🏼 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)

👉🏼 1 freelance recruiter 

💽 Data :

👉🏼 All Clients

👉🏼 Marketing Database of over 2000 leads

👉🏼 Existing payroll parking

👉🏼 All existing orders

👉🏼 Payroll parking marketing video

👉🏼 Candidate database

💽 Office rent per month: $3,231.00 before GST

👉🏼 Rent expiry date: 31 March 2019 (renewable up to June 2020)

💽 Owner's Role: Part-time

💽 Reason to sell: Owner focusing on overseas business

💽 Sale price $50K NEGOTIABLE.

Including :

👉🏼 Assets after depreciation - $48,000. Non depreciated value is over $150,000

👉🏼 “Justlogin” (software) about $40,000

👉🏼 “DM Recruitment management 

(software about $20,000)

👉🏼 Fixed Assets like chairs, tables, computers, etc

💽 Sale price excluding rental deposit

💽 This biz is suitable for entrepreneurs who want to start an Employment Agency

💽 The company has almost ceased operations except for several contract staffing monthly  billables of about $900+



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