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Manpower Supply Business for Sale in Thoothukudi, India

Decades-long client loyalty and reliable manpower supply business with all the necessary licenses.

Established 50-60 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 54 thousand
EBITDA Margin 10 - 20 %
Industries Manpower Supply
Locations  Thoothukudi
Local Time 7:03 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 17 thousand (Native Currency: INR 1,500,000)
Reason: The business is doing well, but the reason for selling is the promoter is relocating from the town.
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Business Overview
- Established Expertise: Founded in 1972, the company has decades-long relationships with three major companies, showcasing deep-rooted trust and reliability.
- Revenue generation: The business generates a profit margin of 10-15% from its services, with the remaining revenue allocated to manpower, ensuring consistent financial returns for both clients and investors.
- Specialized manpower services: Catering specifically to the fertilizer sector, the company efficiently supplies manpower as per client requirements, underlining its niche expertise.
- Streamlined operations: With only 10 employees managed by a dedicated supervisor, the business demonstrates efficient resource allocation and minimal operational overhead.
- Low operational input: The business model requires minimal owner intervention, necessitating just a two-hour visit per week, allowing for potential absentee ownership particularly attractive to investors interested in low-involvement opportunities.
- Historical legacy: An ancestor’s company, this family-owned business is built on tradition and long-standing client relationships, leveraging a rich history within the industry.
- Client-centric approach: Serving private fertilizer companies, the company’s business strategy focuses on sustained and personalized client engagement, ensuring long-term loyalty and satisfaction.
- Adaptation to market conditions: Originally employing 40-50 workers, the company has adapted its operations to maintain profitability despite reduced manpower, highlighting agile business strategy.
Products & Services Overview
The services involve supplying the manpower requested by the clients.
Assets Overview
The buyer will acquire only intangible assets, such as goodwill and the necessary business license i. e, GST certificate, work permit and MSME certificate.
Facilities Overview
The office building has already been sold, and the buyer will not require office space in the future. Only a work permit will be sufficient to run the business.
Capitalization Overview
The business operates as a sole proprietorship and currently, there are no business loans.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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