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Technical Contract Recruitment Consultancy for Sale

London

Leasehold : 2,750,000

This business was formed by its existing owners in 1993 to provide a professional level of recruitment service to the Offshore, Marine, Manufacturing and Automotive industries. Operating from a London office with a small team of support staff the company has developed long standing relationships with major organisations throughout Europe, including the UK, Holland, France Germany, Spain and Finland. This company is highly regarded by its client customers for providing key management and engineering professionals with the relevant industry experience. The company also provides specialists CAD engineers, designers and draftsman, skilled welders and machine operators along with maintenance engineers. Candidates are supplied on a contract basis. The business is fully supported by a sophisticated management system and is well branded and highly recognisable in its market place.
The current financial year ends January 2008 with the Turnover approximately 6.1 million, Gross Profits 1.1 million and Adjusted Profits before tax 500,000. The owners are confident that the business will continue its substantial growth for years 2008 and 2009 with many existing contracts potentially continuing beyond that period.

Staffing: The two owners/Directors of the business provide strategic management and lead the sales and marketing operation for the business. They are supported by four support staff, two of whom are recruitment consultants, the other two focus on administration issues. The employees are fully trained, conscientious and loyal to the business. The potential purchasers would need to either recruit and individual or supply from within their organisation the expertise necessary to replace the two Directors post sale.
 
Tenure: The company operates from offices located in London which are owned by the Directors of the business who will enter into a short term agreement with potential purchasers wishing to continue the business at this site prior to relocation.
 
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769 Advert ID 15154    Sellers Ref : JS2068/BSOL

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