Executive Search Firm
Relocatable, NA Not Disclosed
Seller's Contact Information
- RE: Executive Search Firm
- Contact: Young Bebus
Quick Facts
| Asking Price: | $123,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $108,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 588055277 | |
| Broker Reference #: | 15230866-YB |
Business Overview:
OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce an Executive Search Firm for Life Science organizations and prospective candidates. The Company has been providing retained and contingent recruitment services to Fortune 500 Companies and startups in the United States for more than 23 years. Don’t miss this opportunity to acquire this established business. Perfect for a new entrant, owner operator, or strategic buyer!
BUSINESS HIGHLIGHTS
•Long established reputation of Business with more than 1,000 placements
•Seller’s business expertise and experienced executive search recruiters in place
•Process driven approach resulting in exceptional consistency and success.
•National service coverage of start up to fortune 500 companies
•Retained search agreements and Contingent search agreement contracts
•Majority retained searches are at industry average pricing structures
•The medical sector this company serves is comparatively insulated from external factors such as pandemic or major market changes
INDUSTRY TRENDS (1)
• The executive search services industry consists of over 5,700 firms that employ more than 35,500 workers and generate $7 billion in annual revenue. About 76% of establishments have less than 5 workers. The 50 largest firms generate about 39% of the industry’s revenue.
• The executive search industry is more than a $15 billion business worldwide, according to the Association of Executive Search and Leadership Consultants. A typical executive service establishment employs 6 workers and generates about $1.2 million annually. Some large search firms generate up to half of their revenues with leadership consulting rather than candidate searches.
• Broader Service Offerings. Executive search services are expanding beyond search and recruitment with practice areas like board advisory, succession planning, assessments, and executive coaching, according to the Association of Executive Search and Leadership Consultants. Many firms bundle the offerings as part of their recruitment process to ensure they find the best possible fit for a senior leadership role. The goal is to help clients enhance their talent selection, aid in a new hire’s development, and potentially work with the client when it comes to building a succession plan for the future.
(1) Vertical IQ
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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