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CE177 -Recruitment Agency specialising in Aerospace Engineers

Asking Price: GBP 275000
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Business Location: United Kingdom » Bedfordshire » Bedfordshire 
Category: Services » Other Business Services
Description:
Recruitment Agency specialising in Aerospace Engineers
Ref.CE177
Location Bedfordshire
Asking Price £275,000
This profitbale recruitment operation was established in 2004 by a qualified Aircraft Engineer, looking to capitalise on a growing employment marketplace. With a RAF engineering background, the vendor was well placed to gain clients and candidates with confidence and offer a high quality service to the marketplace. He really started pushing the business in 2006, but has continued to hold down full tiem employment in the sector.

Working out of small office located on his residential property, the business quickly grew in size and required the employment of a full-time consultant to handle day-to-day business. From the beginning the vendor invested time and money into a state of the art web presence. Not only is the corporate site top ranking for natural search on google, but the business also owns a separate job board, which recieves job adverts from clients direct, other recruitment agencies and obviously gives prominent listings to the main business.

The business focuses on the supply of contract and permanent aerospace engineers to a large and divers range of Airlines, Aircraft Engineering and support companies. From its inception the business has drawn huge numbers of applicants, and now has an internal database of over ten thousand qualified engineers worldwide. Currently the business gains 70% of it’s revenue from UK placements, with the remaining 30% derived internationally.

The vendor and his key member of staff have focsed on an up-front, honest and knolwedgeable approach to winning new business. With this in mind the company has some high profile clients, and continues to win new accounts from recommendation and referral, by both candidates and clients offering testimonials to their quality of service.

The business is cash positive, and has a streamlined model to all processes. Fees for contractors are factored, which providing a stable cash flow with great margins. There is also a constant stream of permanent placements, which provides regular large one-off payments that add to the bottom line.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 1000000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: N.A.
Year Established: 2004
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: Yes
Real estate status: No
Number of Employees: 02
No of trading hours: Monday – Friday: 9:00 am – 5:00 pm
Reasons for selling:
 With a full-time career the vendor feels he has grown the business as far as he can, and new ownership will take it to the next level.
Market competition and expansion:
 The business has a fantastic corporate website, that enjoys high natural search rankings. There is also a specialist aero-engineering job board which drives clients and candidates to the company. Alongside this, the vendor invested in advertising in high profile industry magazines such as Flight International in the initial years, to promote the brand and grow rapidly, but has tended to focus on the internet in recent years.
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