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Listing ID: 14385
Total Viewed: 805
Last Refreshed: 04/10/2018

Recruitment Agency Business For Sale ! $50K!!!

Central Area, Singapore

Asking Price : S$50,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Owner has other business commitments
Business Description

Comprehensive recruitment agency for sale! 

πŸ’½ About 18 years establishment

πŸ’½ EA Licence :  Comprehensive

πŸ’½ Record :

πŸ‘‰πŸΌ No demerit points from MOM

πŸ’½ A comprehensive licensed recruitment agency that deals with the following:

πŸ‘‰πŸΌ 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

πŸ’½ The following are included in the takeover:

πŸ‘‰πŸΌ All clientele

πŸ‘‰πŸΌ Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)

πŸ‘‰πŸΌ Take over of Facebook page and website, including email accounts.

πŸ‘‰πŸΌ Candidates' database + Overseas partner network

πŸ’½ Business Hour:

9 am - 6pm

πŸ’½ Revenue:

πŸ‘‰πŸΌ Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)

πŸ‘‰πŸΌ Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business

πŸ’½ Staff:

πŸ‘‰πŸΌ 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)

πŸ‘‰πŸΌ 1 freelance recruiter 

πŸ’½ Data :

πŸ‘‰πŸΌ All Clients

πŸ‘‰πŸΌ Marketing Database of over 2000 leads

πŸ‘‰πŸΌ Existing payroll parking

πŸ‘‰πŸΌ All existing orders

πŸ‘‰πŸΌ Payroll parking marketing video

πŸ‘‰πŸΌ Candidate database

πŸ’½ Office rent per month: $3,231.00 before GST

πŸ‘‰πŸΌ Rent expiry date: 31 March 2019 (renewable up to June 2020)

πŸ’½ Owner's Role: Part-time

πŸ’½ Reason to sell: Owner focusing on overseas business

πŸ’½ Sale price $50K NEGOTIABLE.

Including :

πŸ‘‰πŸΌ Assets after depreciation - $48,000. Non depreciated value is over $150,000

πŸ‘‰πŸΌ β€œJustlogin” (software) about $40,000

πŸ‘‰πŸΌ β€œDM Recruitment management 

(software about $20,000)

πŸ‘‰πŸΌ Fixed Assets like chairs, tables, computers, etc

πŸ’½ Sale price excluding rental deposit

πŸ’½ This biz is suitable for entrepreneurs who want to start an Employment Agency

πŸ’½ The company has almost ceased operations except for several contract staffing monthly  billables of about $900+




All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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