$190K !!- Employment Agency Business For Sale!

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: 

approx.$64,470.84

💽 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)