Internal Ref: RN 638
Summary
Leading IT recruitment business, they support both candidates and customers. Their mission is to source and place IT professionals in contract or permanent roles. The dedicated recruiters are experts
Revenue
$2,951,000 pa
Rent
$30,000 pa
Expenses
$2,677,000 pa
Net Profit
$244,000 pa
Location Details
The business operates from commercial offices which are owned by an associated company. As such a new lease is available to a new owner if required at an annual rent of $30,000 plus GST.
Potential
Utilising the excellent name and reputation to expand.
Opportunity to grow the current Whole of Government SCM0007 and Federal Govt contract
With the changing economic climate, technical advancement and consumer expectations, the need for IT Support professionals has increased dramatically over the past few years.
Ideal bolt-on opportunity for an existing recruitment business.
Skills
Experience in the IT industry would be an advantage.
THIS BUSINESS IS IDEALLY SUITED TO SOMEONE WHO WITH AN UNDERSTANDING OF THE RECRUITMENT INDUSTRY OR AS AN ADD-ON TO AN EXISTING BUSINESS IN THE INDUSTRY.
Hours
Non-Fri 9 am to 5 pm
Lease
A new lease is available with flexible terms
Employees
12
Reason for Sale
Retirement
About the Business
A 100% Australian, privately owned company and has been established since 2008 by the current owner with a consistent track record of sales and profit. This business is the gateway to elite IT talent in Australia, located in Sydney. They are not your typical recruitment agency; they are a powerhouse, connecting "Service Oriented" organsiations with top IT professionals. As a leading Australian IT recruitment business, they support both candidates and customers. Their mission is simple: source and place IT professionals in contract or permanent roles. Their dedicated recruiters are experts in their domains, understanding the IT landscape and individual competencies.
They have experience recruiting across all aspects of IT both permanent and contract work with their core specialization within the services space and in particular in the recruitment of solutions architects, Cloud Consultants and Engineers within infrastructure & Digital Transformation. Typical client sectors include IT services, audit and accountancy, insurance, logistics and retail and they operate throughout all the states in Australia. Importantly, the company also has contracts with NSW State Govt Panel as well as being registered and approved on BuyICT Digital Marketplace for Federal Govt Contractor requirements.
Key Features of this business:
Extensive training and support period will be available to ensure a smooth transition and minimal disruption. All systems in place to provide a seamless transfer of ownership.
Blue-chip Govt client which provides “recession proof” income and with an excellent history of delivery of similar contracts in the past. A new contract was awarded in January 2017.
11-year track record with a strong reputation for delivering excellent service, quality staff and quality outcomes.
Known in the industry and within the particular NSW Govt department to provide excellent and superior service.
Solid, profitable business with sound financials and tax returns available to support the figures.
Operates Mon-Fri. Owner now wishes to retire.
History
The business was started in 2008 by the current owner and trades through a private company. With the gradual build-up of the business staff numbers increased and now number approximately 12 staff including a small number of independent contractors.
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