Staffing Businesses for Sale and Investment in Mumbai

The business operates in the staffing and manpower supply industry. - The business has only recently started operations, although it was incorporated last year. - Currently monthly sales are low at INR 20,000 as the owner is not completely focusing on this entity. - There is no previous year's sales data as it is a new venture. - We have only one employee right now who helps in the daily operations of the business. - We forecast being profitable within the next 2 financial years. - Investor can get 10-12% in this company.

Specialized in comprehensive payroll processing services for diverse businesses. - Successfully meeting SOC2 requirements under SSAE 16, ensuring top-notch security and reliability. - Currently managing payroll for around 20 companies, generating an average of 1,200 payslips monthly. - Each payslip yields revenue ranging from Rs 170-180, showcasing a robust financial performance. - Cultivating enduring client relationships, with an average client tenure exceeding 8 years. - Serving a clientele of approximately 12 companies, involving a total of 20 processed entities. - The payroll processing services encompass a spectrum of activities, including salary structure management, monthly processing, quarterly activities, and year-end processing. - Monthly payroll operations involve precise data processing, TDS calculation, and detailed audits with client approvals. - Varied reports are generated monthly, pinpointing reasons for discrepancies in TDS, Gross pay-out, and net pay-out. - Swift generation of bank transfer files ensures seamless monthly salary crediting. - Proficient in generating MIS and compliance statutory reports & challans for PF, ESIC, P. TAX, and TDS. - Full and final settlement services offered for resigned employees. - Quarterly activities include rigorous returns audit and timely filing of TDS returns for clients. - Year-end processes cover investment proof audits, filing of Annual eTDS returns, and digitally signed TRACES Form 16 generation. - A strong emphasis on compliance management for professional tax, PF, and ESIC. - The company is not part of the transaction, only the business is up for sale.

So far, there are 300 people who are on the rolls of the business that are working with clients. - Clients are blue chip multinational companies from a variety of industries such as IT, Pharma, FMCG, Retail. - Long term relationships with these clients. - Team in business for over a decade.