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(REF: JS2089)  Training/Recruitment Agency
 
Seller Reference: JS2089
B4S Reference: 13125
Asking Price: £162,000
Net Profit: £20,000
Sales Revenue: £165,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedfordshire, England, United Kingdom
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Similar business types:
Employment Agencies For Sale in England
  Business Summary   
  Incorporated in early 2006 and commenced trading in September of that year our client to date has focused on the recruitment and training of Eastern European engineers and skilled staff and introducing them into the UK work force. Candidates were sourced from within the UK and internationally. This company supplies staff on a permanent basis and also as temps and contractors. Since 2008 the company has predominantly focused on delivering training courses funded by ESF, LSC, East of England Development Agency and local government. Project include: Skills for Jobs, EEDA English Language Project, Response to Redundancy, Transqual (qualification conversion), MIF (Migration Impact Fund). The business has been entirely self funding. This business is geographically well placed to supply services and staff and is located in close proximity to major conurbations in Buckinghamshire, Northamptonshire and Bedfordshire. The company is run on a very professional basis by its owner who acts as the Managing Director who wishes to stay with the business and develop it further but now seeks to secure a business partner organisation to assist with the strategic development and thereby maximise the opportunities for the company.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The company operates from a leased premises within the centre of a major town, the offices represent approximately 1055 square feet of office space over two floors above shop premises. The 6 year lease is held until August 2012 .
The accommodation provides a reception area and an open plan office, and upstairs private/meeting room, kitchen and toilet facilities. The office is in a traditional building but is of a modern appearance, well decorated and maintained. Several multi-storey car parks are located nearby. This town has good access to major motorways and rail connections.
  Growth Potential   
  Adaptable business with no rigid structures will allow development of all or selected services:
? Permanent recruitment of skilled/unskilled staff
? Contract and temporary work-all levels
? Training-significant scope to develop training by: expanding to a wider geographical area; taking on bigger projects, bidding directly; introduce ?non-funded? position; introducing new training (i.e. forklift, CSCS card requirements and other industry-specific skills training).
  Support and Training Offered   
  The Managing Director will provide the appropriate support, familiarisation and handover to the new purchaser whilst remaining to work full time in the business for the foreseeable future, dependent upon the needs of the purchaser.
  Reason for Selling   
  Having established the business so it?s both profitable and growing focused on supplying Eastern European engineers and skilled staff, the owners now wishes to develop the business more widely as a Technical recruitment agency. Whilst the profits do allow for steady development the owners wish to grow the company more rapidly and therefore wish to align themselves with an experienced recruitment organisation to assist with their strategy. The Directors wish to be partially rewarded for the developments to date with the Managing Director staying with the company for the foreseeable future.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? Yes
  Is this business part of a franchise? No
  Summary of Staffing   
  This business was created by a husband and wife team who are co-owners of the business with equal shares. One of the Directors acts as the Managing Director and works full time in the business, heavily involved in the sales & marketing, financial control and motivation of staff. The other Director does not work in the business and is fully salaried elsewhere. The Managing Director is supported by 3 other staff members which include 1 individual who provides IT, finance, data management and payroll services and another individual who is a recruitment resourcer and training administrator. The training tutor works as required on an hourly rate to run specific courses. The business is currently seeking to recruit an additional training consultant.





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