Staffing Company for Sale in Bucharest, Romania
Established | 5-10 year(s) |
Employees | 100 - 500 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 2 million |
Run Rate Sales | USD 4.2 million |
EBITDA Margin | 15 % |
Industries | Staffing |
Locations | Bucharest |
Local Time | 9:17 AM Europe / Bucharest |
Listed By | Business Owner / Director |
Status | Moderately Active |
The project started 8 years ago as a dedicated recruiting agency for a top global consulting company.
We signed a top global bank as our second customer and since then we grew organically to become one of the main tech recruiting agencies in Romania with over 100 clients and 1,000 recruiting projects.
Although primarily a recruiting agency, we always ran small volume staffing projects (temp work) as well. This way we continuously built up the internal knowledge underpinning the staffing business; 2 years ago we decided to completely change the business model from permanent placement (recruiting) to temp work (staffing).
We grew our team to 150+ FTEs over the last one and a half years and managed to adapt all our internal processes to support the new model.
Our revenue multiplied by 4.5x last year compared to 2 years back and we forecast a 2x for this year, reaching EUR 4M.
The company has bank liabilities of around EUR 500,000.
This is a growing staffing business as the yearly revenue multiplied by 4.5X last year compared to the year prior and we forecast a 2X times revenue for this year, reaching about EUR 4 million.
Staffing services - temporary placements and contingency workforce.
The business does not own any high-value physical assets.
Intangible assets include brand value and modus operandi of the staffing industry.
We are a fully remote company. If necessary, our employees can work on clients' physical premises.
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Earlier than 15 daysStaffing Manager, Staffing, Toronto, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager - International And Public Relations, IT Sector - Artificial Intelligence, Colombo, Corporate Investor / Buyer connected with the Business