Staffing Businesses for Sale and Investment Opportunities in Mumbai

- 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.

- Company provides staffing & recruitment solutions to various industries. - Business is operating since 2016 & based out of Mumbai. - Specialized in placing skilled and executive employees in Engineering, Manufacturing, Pharmaceutical, Oil and Gas, Energy, Technology and Telecom Sectors. - At present we are serving over 100 clients across India. - We are engaged in both temporary and contract staffing. - Sales have increased this year due to the increase in the number of clients.

- Business is into 2 streams - IT infrastructure & IT staffing. - Company's two directors have 8 years experience in IT and recruitment, and 5 years in infrastructure. - In total, we have around 16 clients. - Few of our client's are like Onward eServices, Qtek Systems, PRA Health, TATA Elsxi, Value Point Systems, Camlin Kokuyo, Knight Frank, Team Computers and Vertiv. - Both the business are running well and are generating profits.

- Business providing recruitment and staffing solutions. Have been in operation since January 2018. - We mainly focus on providing staffing solutions for the banking, finance and insurance industries. We also cater to the IT and tech industry. - At present we have more than 15 clients and have successfully staffed around 100 employees in these companies. Currently only staffing permanent employees. - Our clients provide us the job description for the employees they require, and we match this with individuals looking for jobs on job portals. - We primarily focus our operations in Mumbai and have also helped companies in Bangalore and Delhi. - Our profit margin is high as our costs are low and a relatively small team size. - We have no sales last year as we started our operations in January of 2018. We have generated total revenue of around 7 Lakh in the first 6 months of current FY.

- 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.