Listings } Tabak

SOLD - 240816 - Professional Services - $950,000

Location: Auckland - Ref: 240816 - Specialist Recruitment Firm

Established over 20 years ago, the business started off by recruiting for the corporate commercial market - specifically for insurance, insurance brokers, accounting, consulting companies, corporates and a small number of law firms.

Today, our client has evolved into a specialist recruitment firm in the professional services sector.

The business operates nationwide and has done placements in Wellington, Christchurch, Tauranga, Hamilton, Rotorua and Whangarei. However, its key focus is predominately in Auckland. Recruitment is on permanent, temporary, contract and independent professional (contractor) basis.

It is our view that the business represents an excellent stepping stone for a recruitment specialist into business ownership, a professional services expert looking for a diversification or an existing recruitment firm looking for growth.

Business Strengths
•    Well known with a high profile within its target market;
•    A client database of 980;
•    Over 7,000 candidates;
•    Excellent systems and processes;
•    Experienced consultants and staff; and
•    Solid financial performance.

Over the previous 3 years (FY14-FY16), the financial performance has increased by 36% in terms of revenue - with total sales at circa $1.08m in FY16. This has resulted in a return (EBPITD) of $411,810 to the working owner. Current year to date performance strongly suggest that FY17 will at meet and very likely exceed the FY16 performance.

Net Surplus:  $411,810 EBPITD
Contact: Alex Smith

Office: Auckland


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