Singapore  Singapore

Sell a Business

Listing ID: 4707 Last Refreshed: 26/05/2019 Total Views: 12398

$190K !!- Employment Agency Business For Sale!

Central Area

Asking Price: S$190,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd

Reason For Sale

Other commitments

Description

Employment Agency business for sale 

πŸ’½ About 17 years establishment 

πŸ’½ EA Licence :  Comprehensive

πŸ’½ No demerit points from MOM.

πŸ’½ Services provided :

1. International/ Foreign Recruitment: EP, S-Pass and Work permit. Large overseas partner network

2. Local Placement & Executive Search

3. Temporary/Permanent Placement

4. Contract & Temp Staffing

5. Payroll Administration and Payroll Parking Services

6. Student Placement and Administration Services

7. Background Screening Services / Reference Check

8. Outplacement Services

9. Personality Profiling / Psychometric Assessment

10. Declaration of Business Activity

πŸ’½ Business Hour:

9 am - 6 pm

Supporting and Training:

Provided by senior recruiters

πŸ’½ Revenue: not making money (because of bad leadership but if you can find a good manager/ the business can be up and running again. 

πŸ’½ Recently got a confirmation from a large US MNC that they will refer 42 of their clients to us for manpower sourcing because the recruitment agency did an excellent job handling their payroll/HR admin outsourcing).

πŸ’½ Revenue:

Revenue till end Oct 2016: $2,506,584.66

πŸ’½ Fixed Assets: 

approx.$64,470.84

πŸ’½ Staff:

* Local Full-time Consultants : 5

* Local Associate Consultants : 6

* Foreign Consultants : 4

* Local other staff : 2

* Foreign other staff : 3

πŸ’½ Staff Profile :

* All Clients

Marketing Database of over 2000 leads

* Existing payroll parking

* All existing orders

payroll parking marketing video

* Candidates database

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

* Rent expiry date: 31 March 2019

πŸ’½ Owner's Role: Part-time

πŸ’½ Reason To Sell: Owner focusing on overseas business

πŸ’½ Sale price $190K (NEGOTIABLE) inclusive of :

- $19K (rental deposit)

- $40K (banker's guarantee as required by MOM)

- $80K (book value of assets)



Property Information

Rent
Premise Status

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