Business For Sale Listing 151906
Leading Retainer Executive Search Firm
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
This leading Retained Executive Search firm has a 24 year history of uninterrupted profitability with an excellent reputation for outstanding service. They have been stable over the years due to diversification with revenues from these high growth segments: Pharmaceuticals, Biotechnology, Medical Device, and Diagnostics. The Group is well renowned for its expertise in identifying executives to help clients build management teams and boards. The firm differentiates itself by using "world class" methods to interview and present "A players" to help clients "topgrade" their companies. Their markets are global. Retirement
The Life Science sector is unique in that it is heavily insulated from economic downturns. This sector has boomed with growth rates consistently exceeding 12% per annum. The future looks even brighter with new discoveries. Over the years they've consistently worked with firms to put in place processes to match the strategic staffing needs of their clients. While skills and experience are important, "leadership" has consistently been the driver that this firm has used in selecting perspective candidates. This defines the uniqueness of this firm which has retained its clients over the years earning the reputation of being highly ethical with transparent dealings. The firm has averaged annual earnings of approximately $1MM, has built an organization that covers all regions of the U.S. and has established relationships with affiliates in Europe and Asia.
Short and long term prospects for continued outstanding growth exist as the owners are more than willing to work with the buyers to develop both short and long term strategic plans as well as the tactics necessary to execute them successfully. They will work with the new owners to build on their existing relationships, contacts, networks, processes, etc. which should significantly "leap frog" anyone considering starting a Search business from ground zero.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($638,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($285,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million ($915,000) |
