Staffing Company Investment Opportunity in Chennai, India

Recruitment firm in Chennai is searching for investment to expand activities and restart operations.

Established	10-20 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Staffing
Locations	Chennai
Local Time	1:22 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.5 / 10

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Partial Stake Sale

USD 50 thousand for 40.0% stake (Native Currency: INR 4,000,000)

Reason: We are seeking investment to re-start the operations of the business currently as there is a good sc... View More

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Business Name

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User Verification

Documents

ROC-Verification.pdf

ROC-Verification.pdf (59.5 KB)

Business Overview

- Due to Covid we were not operational for the last 2 years.

- Before covid, our monthly sales were INR 6-7 lakhs with an annual turnover of INR 80 lakhs and profit margin of 10%.

- We are looking for an investor who can help us restart our operations and act as a director of the company.

- We had over 200 clients out of which 45 were active clients, 75 were semi-active clients, and 80 were dormant.

- Our company won the best vendor award from one of the biggest ITES company for the year 2014-2015.

- The business has placed 138 candidates within 6 months when it was operational.

Products & Services Overview

We are a one-stop-shop for all the staffing needs and provide pre-recruitment to post-retirement services.

Assets Overview

The business does not own any physical assets.

Facilities Overview

We have two facilities - 1,300 sqft in T. Nagar and 2,500 sq ft in Little Mount area on rental basis.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Managing Director, IT Services, Singapore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Manager, IT, Dallas, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Director, Waste To Energy, Chennai, Individual Investor / Buyer connected with the Business

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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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