Manpower Supply Company Equity Stake For Sale in Chidambaram, India
| Established | 10-20 year(s) | 
| Employees | 10 - 50 | 
| Legal Entity | Private Limited Company | 
| Reported Sales | USD 340 thousand | 
| Run Rate Sales | USD 68 thousand | 
| EBITDA Margin | 40 % | 
| Industries | Advertising Agencies + 1 more | 
| Locations | Chidambaram | 
| Local Time | 12:44 PM Asia / Kolkata | 
| Listed By | Business Owner / Director | 
| Status | Active | 
- Had a long-standing partnership with ICICI Bank, providing manpower services to 20 branches across India for over a decade; contract renewable every 5 years.
- Current manpower operations have been temporarily halted for the past 6 months, due to the need for investment to renew the lucrative contract with ICICI Bank.
- Revenue model based on a 1% commission from total sales generated through the supplied manpower; previously a stable income source. Was generating INR 20 lakhs per month from these services alone.
- Currently pivoting to advertising and marketing services on a smaller scale, while maintaining the same business entity for both. Working with sectors including textiles, healthcare, and education on 2 projects.
- Noticeable decline in revenue this year attributed to the suspension of manpower operations since the last 6 months; potential for recovery and growth with renewed investment.
- Advertising and marketing services – The business is also offering advertising and marketing solutions, focusing on smaller-scale projects within sectors such as textiles, healthcare, and education.
Clients:
- Banks and corporate clients – Previously, ICICI Bank and its 20 branches were a key client for manpower services, benefiting from the sales staff provided.
- Businesses in textiles, healthcare, and education – In the current pivot, clients in these industries utilize the company’s advertising and marketing services.
Rent is INR 10k/month.
No outstanding loans.
There are 2 shareholders with 70/30 equity split.
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        1 day, 17 hours agoGlobal M&A Head, IT & Staffing, Herndon, Corporate Investor / Buyer connected with the Business
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        Earlier than 15 daysIndependent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business