Seller's Contact Information
- RE: Executive Recruiting And Operational Expense Mgmt
- Contact: Ashish Bhatt
Quick Facts
Asking Price: | $5,000,000 | |
Annual Revenue: | $1,742,229 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,039,900 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 297626891 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The Company provides Spend Management (Cost Containment); (2) Traditional Consulting; and (3) Staffing (Recruitment) Solutions. It was established in 2013 and is managed by a group of industry veterans, each with over 25 years of experience across multiple sectors, including banking, financial services, and marketing/sales. As of April 2022, the Company contractually guaranteed revenue is between $0.8mn and $1.2mn, once projects are completed and cash is flowing.
Executive Recruiting (57% ’22 revenue): direct hire placement services spanning operations, sales, technology, back-office support, and other roles.
Spend Management and Cost Containment Solutions (37% ’22 revenue): comprehensive vendor spend analytics, identifying immediate and significant cost savings opportunities and earning a contingency fee based on actual savings, paid over multiple years.
Consulting services (6% ’22 revenue): covering traditional, hourly-fee-based consulting services to banks, loan servicers, institutional investors, and lenders nationwide.
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Market Competition and Expansion:
The Company is a pioneer in the industry, leveraging proprietary analytics, and proprietary vendor pricing data, with revolutionary business processes to outperform client expectations. The Company focuses on providing tangible and sustainable value at no cost to its clients. All revenue from non-consulting work is contingency-fee based, and its domain expertise in cost containment and executive recruiting is transportable to any company in any industry.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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