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Listing Id: 34469 Last Refreshed: 02/12/2024 671 Views

Very Profitable Recruitment Agency

Expired
Asking Price S$1,200,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$50,000
Gross Profit
S$48,000
Net Profit
S$45,000
Monthly Rentalt
S$800

Business Operations & Assets

Staff
3 Employee
Year of Incorporation
2023
Owner Role
Full Time
Premise Type
Office Building
Premise Size
400 sqft / 37 sqm
Rental Deposit
S$800

Business Details

Reason For Sale

Focusing on other businesses

Description

Our recruitment agency boasts an impressive track record, with a specialization in foreign talent (90%) and high-caliber local talent (10%). This unique blend has yielded exceptional results:

- Elevated success rate due to our foreign talent focus
- Closure rate nearing 80%, driven by quota- and levy-free placements
- Outstanding first-interview closure rate of 8 out of 10 candidates, a testament to our headhunting expertise

As part of this strategic acquisition, we are prepared to transfer our established structure and processes to the new ownership. I am more than willing to remain within the firm, providing guidance and support for future expansion initiatives.

Key highlights of this opportunity include:

- Massive growth potential, fueled by an existing client base spanning Singapore, China, and Malaysia
- Flexible operational model, allowing for effective remote work arrangements and minimal overhead costs (rental not required)

We believe this acquisition presents a compelling opportunity for strategic growth and expansion. I look forward to discussing this proposal in further detail.

Facilities

Most of our clients are via referral, hence proves our capability, we usually able to close the hiring within the first week of discussion.

Competition

As we approach our second anniversary in three months, I am pleased to reflect on our company's impressive track record. Despite the presence of competitors in the market, I firmly believe that our unique methodology and strategies have enabled us to differentiate ourselves and achieve a competitive edge.
Our company's early stage of development presents a significant advantage in terms of adaptability. Unlike more established companies, which may be hesitant to implement changes due to the associated risks, we are agile and able to respond quickly to shifting market trends and customer needs. This flexibility enables us to innovate, improve, and refine our services, ensuring that we remain ahead of the competition.
Furthermore, our company's commitment to continuous improvement and customer satisfaction has fostered a loyal client base and driven our growth.

Expansion Potential

As we continue to drive growth and expansion, our focus on establishing a presence in Malaysia presents a highly favorable and advantageous opportunity for our company.
Currently, our growth is concentrated within the Singapore market. However, our clients' expansion plans are increasingly focused on Malaysia, indicating a significant demand for our services in this region. Establishing a hub in Malaysia would enable us to capitalize on this trend, expand our reach, and strengthen our position in the market.

Buyer Support & Terms

Support and Training

I will personally guide and take lead, if needed I am more than willing to train new hirer chosen by you.
Important Disclaimer

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