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Reputed IT & Engineering Manpower consulting Company for Sale

Asking Price: INR 40000000   |  Posted by : Krishna Prasad
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Business Location: India » Andhra Pradesh » Hyderabad 
Category: Services » Other Business Services
Description:
A Private Limited Company which is into businesses of IT Manpower supply on Full time Hire as well Contract to Hire for their TOP notch clients (Fortune 100), Serving for more than 9 years into same business. Now the Head of the company is planning to change business activity to another domain. This company has turn over of 10 Million INR. Having internal staff of 30 employees and 60 employees on contract. Up to date applicable Taxes paid. Pool of resources available. Most wanted Company for TOP Corporate Clients. 3 more fortune 100 clients will be taged shortly. With a good infrastructure facilities. Key member for country recruitment association. Early birds can have best deal. Middlemen please do not enquire
Financial Information:  
Annual gross sales: (INR) 12000000
Yearly Revenue: (INR)
Total yearly sales revenue		 12000000
Net Profit: (INR)
Total profit before taxes		 8000000
Furniture and fixtures value: (INR) 2000000
Monthly Payroll: (INR) 400000
Total Debt: (INR)
Include all property loans, business loans, etc.
 1000000
Cash Flow: (INR)
Net profit before taxes, owner payments, interest, and depreciation		 500000
General Information:  
Business Area:
Year Established: 1998
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 45
No of trading hours: 10 Hrs
Reasons for selling:
 Moving to Other business Domain.
Market competition and expansion:
 Competition is always into every business. Opportunity is, it can be a unique Model of working.
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