Listing Id: 1007
Last Refreshed: 07/05/2019
Total Views: 18369
(Expired)Profitable Recruitment Services Business For Sale In Singapore
Central AreaRecruitment Agencies
Asking Price: S$75,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
N/A
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Revenue
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Liability
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Gross Profit
N/A
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
N/A
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Established
2007
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Source
Direct Seller
Reason For Sale
Company wants to concentrate on its other country operations
Description
Profitable Recruitment Services Business
for Sale in Singapore
Employment Agency License Type: Executive
Search Services
Company type: Private
Brief details:
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Established
in 2007;
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Conducts Permanent and Contractual placements;
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Client base comprises leading companies across
Industries β Banking, Information Technology, Engineering and Services;
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Specializes in recruitment of IT professionals for
clients;
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Statutory
Compliance complied till date;
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Current
Office premises available on new lease, if required.
Asking Price: SGD 75,000
Reasons for Sale:
Company wants to concentrate on its
existing India operations.
Why this is a good investment:
1. The Company has built a client base in diverse industries. The requirements of these clients will be readily available.
2. Contractual staff already working with clients. Hence, Income from Day One.
3. The Company has on hand requirements from clients.
4. The Company has accumulated strong database of candidates of various APAC countries.
5. All statutory compliances have been adhered to and there are no negative remarks of any regulatory authority till date.
6. New promoters can save on Capital expenditure.
7. The new recruitment companies applying for Employment Agency License have to comply with stringent norms and place higher Deposit of SGD 60,000. Since our license is opted in 2007 it readily available with deposit of SGD 20000. As of date renewed MOM license.
8. Current office premises available on new lease, if required.
9. Premises equipped with ready to occupy infrastructure viz., work stations, computer systems, printer etc.