Employment Agency
Business for sale
Asking Price:
£3,750,000
Turnover:
£3,341,340
Annual profit:
£567,013
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale this well established and highly profitable business with unrivalled potential.Established 3 years ago by the vendors the business is now reluctantly offered for sale due to retirement plans.
The business offers an unusual and popular service, supplying Eastern-European labour to local employers.
The Agency arranges transportation to the UK for its employees with a complete set-up including fully furnished and equipped accommodation in the UK. Rental costs are deducted direct from earnings providing additional income for the company.
Contracts are arranged with local employers prior to this and these employees are supplied as a workforce with transportation to the work site provided by the agency via a small fleet of minibuses operated with drivers.
This complete package has proven very popular and has enabled the company to see unrivalled growth yearly and achieve a high demand from some Major blue chip clients who would like to employ the services of the agency at other outlets throughout the UK.
Currently the workforce is housed in 25 leased properties in the area and the Agency is operated by a Husband and wife team plus 3 full-time & 1 part-time employees for driving duties etc.
The vendors are happy to agree a handover period with any new owner subject to negotiation.
General Information
Years established:3 Years
Trading hours:As required by contracts
Home based: This business can be run from home.
Relocatable: This business can be relocated.
Lease terms:TENURE: Home office
Living accomodation:BUSINESS PREMISES Currently run from a home office and fully relocatable.
Location:The business currently operated from a home run office and so is fully relocatable.
The business operated within a radius of approximately 5 miles of a large North Lincolnshire town with a healthy and growing economy and excellent Motorway transport links.
Expansion potential:There is enormous potential for growth and expansion with the agency currently only operating in a small geographical area, providing an unrivalled opportunity to expand the operation nationwide in line with an ever increasing demand. There is also potential to be a fully managed business with the vendors offering their services on a part-time consultancy basis.
Employee details
Fulltime staff:
3
Parttime staff:
1
