Back to Listings Digital Service - Recruitment & Employment Resources - $68K gross/mo

Asking Price : $650,000

Annual Gross Revenue : $792,000

Annual Net Profit : $207,000

Profit Multiple : x3.14

Inventory Value: -

R-Index : 121

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From the Broker

Main Benefits

  • Patented and proprietary hiring technology
  • Authoritative and well-known brand in the lucrative recruitment niche
  • Diverse customer base, serving c.615 clients in the past year
  • High gross margins averaging c.60% over the trailing 12 months
  • Low owner involvement with a full team in place

Description

For sale is a proven and established digital service business in the employment resources niche.

Launched in 2010, the business has made a name for itself by offering a differentiated, all-in-one hiring solution. Using proprietary patented technology to screen, analyse, and track job applicants, the business has successfully aided thousands of clients in finding the perfect hire.

Servicing c.615 clients over the past year, the software has demonstrated product market fit. With the global recruitment market forecast to grow at a c.8.5% CAGR for the 2016-2021 period, the business delivers an increasingly lucrative value proposition.

The owners have focused on scale from the very start, delegating much of the day-to-day. This has allowed for minimal owner involvement in daily operations, with the owners spending their time on employee oversight. With three employees willing to stay on post-sale, a new owner will have plenty of time to focus on strategic growth opportunities.

The business presents a great opportunity for an investor looking to take over a proven business with an authoritative brand, ready for continued growth.

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Listed By


Sale Pending: Yes

First Seen: Tue, Dec 19th 2017

Last Updated: Tue, Jun 12th 2018


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