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Business For Sale
OFFICE RECRUITMENT AGENCY – TEMPS AND PERMS
Attn:
Andrew Hudson
West Sussex, United Kingdom, GB
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Listing Number: "CE132"
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Listing
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Asking Price: |
$85,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Services: HR & Staffing
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Reason for Selling:
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This is a genuine retirement sale. |
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Yearly Revenues:
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$235,000 |
Business for Sale Overview:
Established for twenty five years, and operated by its current Owner throughout, this successful recruitment agency, operating predominantly within the office sector provides both temps and perms to a wide range of longstanding and very loyal local Clients.
Despite operating in one of the largest and most prosperous towns in West Sussex and within easy reach of a number of other quite large commercial centers this business has little direct competition within the office sector and having been a permanent fixture in the town for so long is well known and respected by the large number of organizations located on the Business Parks and Industrial Estates that are within easy striking distance. As the leading player locally, this business is able to offer high quality candidates who are experienced, efficient and capable of working on a variety of duties – whether they are PA’s, Secretaries, Audio/Copy typists, Accountants, Administrators, Team Leaders, Sales Executives or staff to work in Marketing, Call Centers, Telesales, Administration, Accounts, Credit Control or to fulfill general office tasks. The Client base is quite diverse but very impressive and includes some of the largest and best known companies in the UK. The candidate base is equally impressive – with thousands registered with the business including approximately 100 or so live candidates at any one time.
Property Features and Assets:
This business operates from very well suited Ground Floor premises of approximately 500 square feet with a basement used for storage. In a High Street location benefiting from high levels of awareness and footfall, the networked premises accommodates four work stations in all – two in the front and two in a more discreet back office area.
There is a small garden area to the rear plus a car parking space. The premises were recently redecorated to a high standard including new flooring.
The freehold to the premises, recently conservatively valued to be in the region of £235,000 is available in addition to the business. Rates are currently £430 per month.
Market Competition and Expansion:
Having been established for so long with a hard nucleus of regular Clients and ‘under’ managed in recent years this business has invested little in marketing and advertising lately. Perhaps its most powerful form of marketing is its location and shop window – generating high levels of awareness and footfall.
The business has a website that performs very well in all the major search engines for all appropriate search topics and uses monster.com and other web based advertising for sourcing CV’s. It has previously used the major directories and their websites together with the local town’s website and local press advertising quite effectively. By far its most cost effective advertising however, is the significant word of mouth recommendation this business enjoys from its extremely loyal Client and candidate bases.
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