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Staffing Company for Sale in Bangalore, India

For Sale: IT & non-IT contract staffing & permanent placement company with 15 MNC clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 20 %
Industries Recruitment Agencies + 1 more
Locations  Bangalore
Local Time 11:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: INR 25,000,000)
Reason: - Out of the 2 directors, one would like to retire and the other promoter has other plans. - Sale p... View More
Includes physical assets worth USD 3.6 thousand
Documents
Business Overview

Business Overview:

- We are HR consultants wherein we provide recruiting services to various MNC clients.

- We cater to both the IT and non IT sector.

- Have contracts with 15 clients and some of the clients are Oracle, Accenture, Mindtree, NTT Data, Mphasis, UST Global, Micro Labs, RV Industries.

- Company has 16 recruiting staff and 15 staff working at the clients' location on a contract basis.

- We also offer permanent placement services and we placed 15 candidates last month.

- Around 50% revenue is from contract staffing and 50% from recruitment services.

- 80-90% of the placement is for IT companies and some of the other sectors we serve are manufacturing, pharma, retail.

- Have been seeing tremendous growth and our turn over has increased compared to the previous year because of our ability to get more client on board.

- Promoter has a business experience of over 40 years.

- Office is located on MG Road, Bangalore which is one of the premium locations in the city but the business is registered in Krishnagiri, Tamil Nadu.

Products & Services Overview

We offer IT & non IT contract staffing & permanent placement services.

Assets Overview

Assets include basic office supplies, furniture and fixtures.

Facilities Overview

Promoter owned fully furnished office space. Buyer can continue in the same facility by paying rent.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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