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Recruitment Agency for Sale in Székesfehérvár, Hungary

Business offering software development services and IT recruitment solutions is for sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 940 thousand
Run Rate Sales USD 942 thousand
EBITDA Margin 19 %
Industries Recruitment Agencies + 1 more
Locations  Budapest + 1 more
Local Time 3:01 AM Europe / Budapest
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: USD 300,000)
Reason: We would like to merge and improve our business and internal processes to grow further. This is due ... View More
Includes physical assets worth USD 10 thousand
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Business Overview

- Our business is engaged in offering IT software development, mobile development, web development as well as providing on-demand talent out staffing solutions to companies.

- We are working with 6 to 7 long term B2B clients.

- We also offer IT recruitment services and generate a one time success fee after successful placements.

- 80% of our revenue is generated from software development services and rest from recruitment services.

- Till date we have completed 30+ projects.

- Company has a loan of USD 55K and is run by a sole owner.

- The owner has 10+ years of experience leading full-stack development teams, and working with clients in IT consulting in US, Switzerland, Hong kong, and Hungary.

- We generated a total income of 176K USD year before last and a total income of 940K USD last year.

- We have a senior developer talent pool of 250+ who we can contact anytime to check on their availability for recruitment services.

Products & Services Overview

IT software development, mobile development, web development, IT recruitment services, and try and hire model - contract for 6 months and then hire.

Assets Overview

System, and furniture. The business has a highly motivated full team, custom developed contractor management system, knowhow in IT out staffing, ongoing clients of 6 predicting the minimum results of $900k+ income per year, great relationships with several enterprises. Sales team presence in the San Francisco and EU (Budapest and Lisbon), list of living talent pool of senior developers, testers, and designers.

Facilities Overview

We are a remote company meeting at Budapest once a month in a coworking space. We rent a 1 floor office at Szekesfehérvár where some of the staff and the CEO are based.

Capitalization Overview
Not Disclosed
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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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