Businesses For Sale in SingaporeSingapore

Listing ID: 4707
Total Viewed: 10641
Last Refreshed: 19/09/2018

$190K !!- Employment Agency Business For Sale! (Sold)

Central Area

Asking Price : SGD190,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Other commitments
Business Description

Employment Agency business for sale 

💽 About 17 years establishment 

💽 EA Licence :  Comprehensive

💽 No demerit points from MOM.

💽 Services provided :

1. International/ Foreign Recruitment: EP, S-Pass and Work permit. Large overseas partner network

2. Local Placement & Executive Search

3. Temporary/Permanent Placement

4. Contract & Temp Staffing

5. Payroll Administration and Payroll Parking Services

6. Student Placement and Administration Services

7. Background Screening Services / Reference Check

8. Outplacement Services

9. Personality Profiling / Psychometric Assessment

10. Declaration of Business Activity

💽 Business Hour:

9 am - 6 pm

Supporting and Training:

Provided by senior recruiters

💽 Revenue: not making money (because of bad leadership but if you can find a good manager/ the business can be up and running again. 

💽 Recently got a confirmation from a large US MNC that they will refer 42 of their clients to us for manpower sourcing because the recruitment agency did an excellent job handling their payroll/HR admin outsourcing).

💽 Revenue:

Revenue till end Oct 2016: $2,506,584.66

💽 Fixed Assets: 


💽 Staff:

* Local Full-time Consultants : 5

* Local Associate Consultants : 6

* Foreign Consultants : 4

* Local other staff : 2

* Foreign other staff : 3

💽 Staff Profile :

* All Clients

Marketing Database of over 2000 leads

* Existing payroll parking

* All existing orders

payroll parking marketing video

* Candidates database

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

* Rent expiry date: 31 March 2019

💽 Owner's Role: Part-time

💽 Reason To Sell: Owner focusing on overseas business

💽 Sale price $190K (NEGOTIABLE) inclusive of :

- $19K (rental deposit)

- $40K (banker's guarantee as required by MOM)

- $80K (book value of assets)

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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