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Small Staffing Company for Sale in Bangalore, India

For Sale: IT staffing and recruitment company based in Bangalore.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 43 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin Nil
Industries Recruitment Agencies + 1 more
Locations  Bangalore
Local Time 6:57 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: - The owner is running out of cash and is not able to restart the business again. - We can assist b... View More
Includes physical assets worth USD 2.4 thousand
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Business Overview

- Business is an IT staffing and recruitment company.

- Started four years ago, and generated a turnover of more than INR 50 lakh in the first year but had to temporarily halt operations in the pandemic.

- Currently, we are operational only with minimal staff.

- Resumed operation in May two years ago and in a month, we have placed around 2-3 candidates now.

- We have worked with 20+ clients in the last two years but currently supporting a few clients only.

- Revenue is earned from the companies on a commission basis.

- Business was previously also operational in the Middle East.

- Currently, we are not generating significant profits and selling the business due to a lack of cash.

- Also open to investment/partnership.

Products & Services Overview

IT staffing and recruitment in India & Middle East.

Assets Overview

Tangible assets include - 5-8 laptops, printers, and other IT equipment.

Facilities Overview

Small rental office in Bangalore just to use as an address. Operations are handled remotely.

Capitalization Overview

- This business has been self-funded since its inception.

- We have no loans or debt and our company is completely debt-free.

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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