Asking price: £325,000

Sales revenue: £265,000

Net profit: £74,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This successful business was established in 2002 as a specialist in IT recruitment.

The company provides permanent and contract staff on a contingency and permanent basis.

As recruitment specialists they are able to apply their skills to all business market sectors and have built excellent relationships with many Blue Chip and Financial organisations based in London.

Customer Service:

The business prides itself on offering an excellent level of experience in the market, consistently delivering a personal service to its clients. The company also has an excellent reputation amongst its customers for their filtering of candidates for the right assignment.

Key Strengths:

A primary strength of this business is its client portfolio. The company has earned an outstanding reputation for its services amongst its 850 clients, correctly matching the job from a choice of 7,500 candidates.

The business flourishes on word of mouth recommendations with many loyal clients which have remained with the business since it was set up initially. It has a very large customer base, however there is room for further development and expansion.

This is a highly profitable business with huge potential to expand further.

Years established: 2002

Employees: The company employs 1 owner and 1 full-time consultant. The current owner is happy to stay to assist with handover and train the new owner.

Trading hours: Monday – Friday 9.00 am – 5.00 pm

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Property: Freehold

Location
The business is based as a home run business which can be easily re-located or assimilated.

Expansion potential
There is a huge potential to increase sales through marketing and advertising which is not utilised at present, as current sales are obtained purely through repeat and referred business. The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.

Competition / Market
The business has used little advertising in the past, so there are excellent opportunities to increase this activity. There is currently a website being established with an enviable domain name, but more work in this area would also undoubtedly increase turnover and subsequent profits.

Support & training
The current owners will provide all necessary training, to ensure a smooth transfer of the business to the new owners.

Reasons for selling
The owner would like to increase the time spent with other business interests and business commitments.