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CE138 -Recruitment for Hospitality Industry

Asking Price: GBP 975000
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Business Location: United Kingdom » City of London » North West London 
Category: Services » Other Business Services
Description:
Recruitment for Hospitality Industry

Ref.CE138
Location North West London
Asking Price £ 975,000
This successful business was established in 2000 as a recruitment agency for the hospitality industry providing primarily temporary staff, with customers ranging from hotels to hospitals, exhibition centres, museums, clubs and large companies.

The company has excellent potential to hit £3,000,000 turnover within the next 2-3 years by continuing business as they are to provide staff for a variety of events.

The company has an extensive databank of staff, all of whom are of the highest quality and all are vetted, professional, well dressed and fully trained.

This extremely successful recruitment company, specialising in the hospitality sector, is offered for sale due the diverging commitments of the partners involved. Their differing situations and outlooks has not driven the business to achieve all that it could do financially, so they have reached the decision that, for the business to achieve its best potential, it must be offered for sale to company or organisation who will be focussed enough to take this business to the level and success it deserves.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: N.A.
Year Established: 2000
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 4 full time staff
No of trading hours: Monday – Friday 7.30 am – 5.30 pm
Reasons for selling:
 One of the partners of the company has family commitments, and the other wishes to move abroad.
Market competition and expansion:
 The business has used little advertising in the past, so there are excellent opportunities to increase this activity. There is currently a website being installed but more work in this area would also undoubtedly increase turnover and subsequent profits.
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