Cyprus

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Listing Id: 17073 Total Views: 2375

(Sold) Established Recruitment Agency For Sale!

Central Area

Date Closed: 08/09/2021

Asking Price: S$350,000

Overview

  • Premise Type Office Building
  • Premise Size
  • Monthly Rental S$3,051
  • Rental Desposit N/A
  • Revenue S$70,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$8,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established 2007
  • Source Broker

Reason For Sale

Retiring

Description

Recruitment biz for sale

πŸ’½ Type / nature of biz :
πŸ‘‰πŸΌ Human Resource: Head hunting (executive Search) & Recruitment

πŸ’½ Established in 2007

πŸ’½ Office @Beach Road

πŸ’½ Shop/biz operation office :
πŸ‘‰πŸΌ monthly rental $3281 (incl GST)
πŸ‘‰πŸΌ any GST.
πŸ‘‰πŸΌ 800 sq.ft.
πŸ‘‰πŸΌ balance lease : about 9 months
πŸ‘‰πŸΌ cost of renovation about $10K
πŸ‘‰πŸΌ renovated about 5 years ago

πŸ’½ Yearly estimated gross revenue
πŸ‘‰πŸΌ $600K to $1.2M

πŸ’½ Yearly estimated gross expenses
πŸ‘‰πŸΌ about 60% to 80% of revenue

πŸ’½ Yearly estimated nett profit per outlet
πŸ‘‰πŸΌ past 1 year = about $100K

πŸ’½ Any director fee?
πŸ‘‰πŸΌ No

πŸ’½ 2 director

πŸ’½ Director’s involvement in the biz
πŸ‘‰πŸΌ actively involved

πŸ’½ Business website / Facebook
πŸ‘‰πŸΌ yes

πŸ’½ Staff :
πŸ‘‰πŸΌ local - 3 paid staff, 7 commission based staff
πŸ‘‰πŸΌ foreigner -

πŸ’½ Operating hour
πŸ‘‰πŸΌ office hour

πŸ’½ Reason for selling
πŸ‘‰πŸΌ retiring

πŸ’½ Selling price - $350K negotiable

Thank you & blessed day
Peter Wan
Dream Centre

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