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Recruitment Agency for Sale in Mumbai, India

Well established recruitment and staffing looking for buyer.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 30 - 40 %
Industries Recruitment Agencies
Locations  Mumbai
Local Time 10:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: INR 12,600,000)
Reason: The founder and CEO of the business wish to retire due to health conditions. They are looking for a ... View More
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Business Overview

- HR consultancy and selection agency.

The selling price is negotiable after further discussion.

- More than TOP Notch from India, the USA, the UK, and the GCC.

- Clients belong to the real estate, manufacturing, and automobile, fire, and safety, IT industries. They avail our services for middle and higher level recruitment.

- We charge the clients 8.33% of the annual CTC per candidate. We charge no fees from the candidates.

- Charging no fees from candidates is integral to our business. We do not fleece candidates from humble backgrounds looking for job opportunities.

- Attract clients through the founder's personal network and the company website.

- Third-party tie-up with a travel agency that helps with visa processing for the GCC. The UK and USA visa processing is done by the clients.

- The business started operations 18 years ago and was established as a partnership 13 years ago.

- Three partners - two partners have a 5% stake each and one has a 90% stake.

- The buyer gets an official letter for the handover of the clients, legal entity, brand name, and candidate database; the founder will do a formal client introduction as well.

- The founder started this business 18 years ago with only INR 40,000.

- No debts or liabilities in the name of the business.

- The total expense is INR 5 lacs per year to run this business. Profit is much more. This can be discussed verbally.

Products & Services Overview

We select white-collar candidates for IT, real estate, and manufacturing companies based in India, GCC, the USA, and the UK.

Assets Overview

Asset light business that does not own physical assets. The business owns a database of lakhs of candidates and has a client base of 500+ clients who trust the brand name.

The value of these intangibles is included in the selling price and they have not been independently valued.

Facilities Overview

The business does not have its own facility. The business operates from the offices of their spouse's construction company.

The buyer may relocate to a new location.

Capitalization Overview

- The business has no loans or liabilities. It is funded from its earnings.

- A sole proprietor runs the business.

Recent Activity
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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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