Overview
Description
Operating in a small number of specialist niches, the company is a leading provider of tailored recruitment solutions for white collar jobs in the South East of England.
Now operated almost entirely by management without the input of the original founders and shareholders, its extensive network, highly respected brand name and strong track record make the business the go-to choice for companies of all sizes within its respective niches.
The business has built a robust database of over 38,000 skilled candidates, thoroughly evaluating their experience, achievements, expectations, and potential to effectively match them with appropriate positions.
Having built up the company over the course of three decades, our clients are now offering the business for sale to facilitate retirement plans.
Since 2022, the company has worked with circa 400 clients and has found placements for 150 of them.
The client network ranges from independent SMEs to national, blue-chip organisations.
Experienced and dedicated workforce in place, with unusually high staff retention rates within the recruitment sector and employees averaging seven years of service with the company.
The shareholders currently have no involvement in the day-to-day management of the business due to a skilled second tier management team.
The largest recruiter in its specialist niches within its region, establishing itself as a preferred supplier to many of the leading companies in its niches, with multiple client agreements in place to secure business on an ongoing basis.
Operates from leasehold premises.
Substantial scope for growth through geographical expansion and developing its temporary contract offering.
Opportunity for a new owner to expand the company beyond its current niches into other white collar areas where it does not currently operate.
Turnover of £3.3m, with an adjusted EBITDA around £500k.
Considerable prospects for growth beyond current levels.
The company turnover has increased by 42% between YE21 and YE22.
The top 15 clients in any one year consistently account for under 50% of the gross profit, ensuring that the business is not reliant on any one client to generate reliable income.
Offers invited.
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