Recruitment Agency Business For Sale ! $48K

Comprehensive recruitment agency for sale! 

💽 About 18 years establishment

💽 EA Licence :  Comprehensive

💽 Record :

👉🏼 No demerit points from MOM

💽 A comprehensive licensed recruitment agency that deals with the following:

👉🏼 Recruitment Management Software/ Popular Cloud-based HR Administration + Payroll App / Monster subscription/ Job portal ads/ IT Equipment/ Furniture / Fixtures and Inventory) 

1. International/ Foreign Recruitment: EP, S-Pass and Work permit

2. Local Placement & Executive Search

3. Temporary/Permanent Placement

4. Contract & Temp Staffing

5. Payroll Services

💽 The following are included in the takeover:

👉🏼 All clientele

👉🏼 Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)

👉🏼 Take over of Facebook page and website, including email accounts.

👉🏼 Candidates' database + Overseas partner network

💽 Business Hour:

9 am - 6pm

💽 Revenue:

👉🏼 Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)

👉🏼 Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business

💽 Staff:

👉🏼 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)

👉🏼 1 freelance recruiter 

💽 Data :

👉🏼 All Clients

👉🏼 Marketing Database of over 2000 leads

👉🏼 Existing payroll parking

👉🏼 All existing orders

👉🏼 Payroll parking marketing video

👉🏼 Candidate database

💽 Office rent per month: $3,231.00 before GST

👉🏼 Rent expiry date: 31 March 2019 (renewable up to June 2020)

💽 Owner's Role: Part-time

💽 Reason to sell: Owner focusing on overseas business

💽 Sale price $50K NEGOTIABLE.

Including :

👉🏼 Assets after depreciation - $48,000. Non depreciated value is over $150,000

👉🏼 “Justlogin” (software) about $40,000

👉🏼 “DM Recruitment management 

(software about $20,000)

👉🏼 Fixed Assets like chairs, tables, computers, etc

💽 Sale price excluding rental deposit

💽 This biz is suitable for entrepreneurs who want to start an Employment Agency

💽 The company has almost ceased operations except for several contract staffing monthly  billables of about $900+