Business Overview
This memorandum outlines the opportunity to acquire a well-established recruitment company based in Manchester, specializing in the healthcare sector. The business has been successfully operated and is now available for sale due to the owners’ time constraints from other business ventures.
Key Highlights
- Location: Manchester, UK
- Industry: Recruitment (Healthcare Sector)
- Staff: 30 employees
- Annual Profit: £30,000, with steady growth
- Valuation: £160,000 – £180,000 (as per accountant’s assessment)
Business Operations
The company has built a strong reputation in the healthcare recruitment sector, providing reliable staffing solutions to various healthcare institutions. The business is currently managed by one of the owners, who handles the majority of the operational responsibilities.
Financial Performance
The business generates an annual profit of £30,000, with a consistent growth trajectory. This stable financial performance underscores the company’s potential for future profitability and expansion.
Acquisition Opportunity
This business presents an ideal bolt-on acquisition for an existing recruitment firm looking to expand its footprint in the healthcare sector. The current owners are seeking a quick exit but are committed to ensuring a smooth transition. They are willing to provide a handover period of 2-3 months, with the possibility of extending this period if necessary.
Transition and Handover
Given that one of the owners manages most of the day-to-day operations, their involvement in the handover process will be crucial. The owners are prepared to offer a comprehensive handover period to facilitate a seamless transition for the new owners.
Conclusion
This is a unique opportunity to acquire a profitable and growing recruitment business in a niche market. With a strong team in place and a solid client base, the company is well-positioned for continued success under new ownership.
Interested parties are invited to express their interest and request further details. Contact Nick on [email protected]
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