Business For Sale Listing #BFS-151392:
Growing IT Staffing Company, Singapore
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,805,404) |
| Profits: |
Between $500 Thousand and $1 Million (870,504) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed |
Business Summary
Consultant mix:
• 50% - IT developers and analysts
• 40% - Network and systems engineers
• 10% - Managers and ERP specialists
Operations: 11 employees (10 full-time, 1 part-time) plus 2 working owners occupy a 1,650 sq. ft. office space in downtown Singapore. Employees manage recruitment, placement, payroll, and administration. Office building is available for lease or sale.
Staff: The company has between 100-120 contractors in the field at any given time. These include contract and temporary staffing, outsourcing and managed services.
Customer base: 90% of clients are Fortune 1000 and multinational companies. Typical contracts are for one-year. Half of the company’s gross revenue comes from temporary staffing, and the other half from permanent placements and conversions.
Opportunity: The demand for IT staffing in the region continues to be robust, as evidenced by the acquisition of several IT staffing companies over the past 12 months.
