Business for sale

Business description

Advent Business Sales have been instructed
to offer for sale this well established
business with enormous potential for
growth.
Established 3 years ago by the vendors, the
business is now reluctantly offered for sale
due to imminent plans to emmigrate.
The business specialises in recruitment for its
client base concentrating predominantly on
skills in the warehousing and distribution
sector.
A high concentration is levelled at sourcing
drivers of all qualifications, particularly
class 1.
At present, over 1000 registered personnel is
on our client’s database.
Excellent relationships have been forged
with a number of clients and in return
regular work is offered, culminating in an
increasing turnover.
All aspects of the business are monitored
from its central office, with the vendor at
the helm.
The vendor has informed us that with no
advertising the turnover has been achieved.
The vendors are happy to agree a hand over
period with any new owner, subject to
negotiation.
REF: 8965ST
TRADING HOURS
Office hours and out of hours on call
EXPANSION POTENTIAL
There is enormous potential for growth and
expansion and this could include:
1. Create a web site
2. Advertising and marketing
3. Forging further links and
relationships within the supply chain
network
4. The business could suit an existing
recruitment agency to acquire as a
bolt on
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £900,000
Gross Profit: TBC
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
A first and second floor office premise in a
central location and briefly consisting of:
Ground Floor
• 2 floors of which 2 businesses
operate simultaneously
• offices
• open plan reception and offices
• kitchen and w/c
TENURE: Leasehold
Original lease: 5 years
Remaining lease: 4.5 years
Review every: 5 years
Rent: £5,000 P.A.
We are advised that the annual business
rates are currently: £2,160
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.