Description
This specialty executive search firm is being offered for the first time since it was founded in 1998. The owner is selling the firm in its entirety including all tangible and intangible assets (Company name, its database of over 30,000 candidates and 3,000 client companies, its website, and its client contracts). Most of the firm’s clients work under standard contracts that range from 25% to 30% of a candidate’s first years guaranteed compensation. The Company’s clients include fortune 500 companies as well as smaller boutique firms. This is an excellent opportunity to expand your lines of business (if you are presently in the search business) or to purchase a premiere search firm and continue to grow it.
Detailed Information:
Revenues: $592,347
Gross Profit: $500,290
EBITDA: $317,533
Business Price: $152,000
Real Estate: N/A
Competition: The firm is a niche executive search firm that competes directly with approximately 20 national firms.
Growth & Expansion: Executive search is cyclical and is presently growing with improvements in the economy. There is extensive room for expansion to include additional lines of business and increase market penetration. The business is very established and has extensive client contacts.
Support & Training: Owner is available to consult on the transition
Reason for Selling: Owner Retiring