Annual Revenue: $4,546,493
Net Cash Flow: $718,611
This business has an accepted offer. Please view our other Staffing Companies for sale.
Multinational nearshore staffing services specializing in finding talent in IT, HR, Finance, and Digital Technology industries. The company launched in the UK in 2012 and has since undergone expansive organic growth with a presence currently in five multi-national locations. It has gained deep market knowledge of the European, Middle East and American environments because of its access to local and regional markets as well as its nearshore experience.
In 2022 the company generated $4.5M in revenue at a growth rate of 47%, with SDE of $718k and a margin of 16% for the period, compared to 2021 revenue of $3M, SDE of $423k and a margin of 13%.
Team: The team is comprised of the owner and a supporting staff of nine (9).
Services and Clients: The company has established a dependable track record of delivering top-tier talent to its reputable clients and offers the following services:
- Permanent Recruitment
- Contractor Recruitment
- Project Recruitment
Transition Support: The current leadership is fully committed to ensure a smooth transition and is flexible to remain on if an agreement is reached with the buyer.
Reason for Selling: The owner has realized his goal and wants to see the company reach its next level of growth.
Growth and Expansion Opportunities: There is a growing demand for diverse and inclusive hiring practices, as companies are increasingly recognizing the benefits of having a more diverse workforce in which ever-changing skills and technology are prevalent.
The company has experienced growth purely through referral-based customer acquisition. With some paid marketing, the number of customers can see a significant increase. Companies in the US and UK are looking to nearshore their services to Latin America or South Europe.
Since the company has been working in those markets for the last 10 years, it is in the right position to support clients’ increasing needs.