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Legal Tech Recruitment Firm with £500k Turnover & Growth Potential for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    21/08/23

  • Advert ID

    518463

  • Reference

    154478 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: £799,000 (£15,365 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Recruitment solutions provider within the legal technology sector

The business is a renowned global recruitment solutions provider specialising in sourcing top talent for the legal technology sector.

Its meticulous approach and commitment to excellence have solidified its position as a reliable partner for prestigious clients, including Am Law 100 firms and technology companies.

Our client is now offering the company for sale to pursue other, unrelated interests.

Benefits from 31 active clients, 66% of which provide reliable, repeat business.

Strong second-tier management in place with the skills and experience necessary to run the business on a day-to-day basis.

Our client has indicated that they are willing to provide a handover period, subject to negotiation.

An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.

Fully relocatable business.

Scope for growth through the implementation of additional marketing strategies.

YE23 turnover of £799k with an adjusted EBITDA of £157k.

Turnover from YE20 to YE23 has increased by 145%.

Offers invited.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Recruitment solutions provider within the legal technology sector - 154478 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.