Businesses for Sale

Recruitment Business For Sale


SOLD

We are instructed to invite offers for the total assets of a recruitment business based in the northwest of England, pending its forthcoming administration.

The business is expected to enter into administration on or around Tuesday of next week, 20th September 2016. 

At the very least, an agreement in principle will need to be reached with potential purchasers by close of business this coming Friday, 16th September 2016, in order to give time for a Sales and Purchase Agreement to be prepared on Monday, 19th September 2016 in anticipation of signing on Tuesday, 20th September 2016.

The company’s physical assets comprise relatively low-value office furniture and equipment.

We understand any purchaser will most likely have to operate from different premises to those currently being occupied.

All current staff will be TUPEd across to the purchasing company as part of the proposed sale.

The company primarily place temporary/self-employed manual workers and drivers on a short-term basis.  We perceive the primary asset of value as being the database of clients and workers, together with any such rights as the company may have to its trading name and website.

We understand gross turnover is currently approximately £250,000 per annum (fee income) and the company’s own payroll is approximately £200,000 per annum.

 

Please direct indicative offers to jonathan@robsonkay.co.uk in the first instance.


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