Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Professional Supply Teacher Recruitment Agency Nursery/primary-secondary Schools

LISTING DETAILS
Firms For Sale ID:
34554
Vendor reference:
CE222
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£300,000  
Turnover / revenue:
£712,000
Net profit / cashflow:
£120,000
Years established:
20
Number of employees:
4
Employees / staffing:
The vendor works full time in the business and has also put in place a capable team of full time employees including two experienced consultants, an accounts manager and an administrator.

OTHER DETAILS
Reason for selling:
Vendor is looking to take early retirement.
Support and training:
The vendor will provide full support and training at handover to ensure a seamless transition of ownership. The vendor would also be happy to provide additional support for a further period of time to be negotiated prior to the sale.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Professional Supply Teacher Recruitment Agency
Nursery/Primary Secondary Schools
Ref. CE222
Location : North East England
Asking Price : GBP300,000
This business is one of the market leaders in the area. An independent agency based in the North East region of the UK, the company supplies qualified supply teachers to schools and colleges in the region covering the cities of Newcastle, Sunderland and surrounding areas. The company operates to high quality standards with excellent systems and procedures in place and is fully involved in local government issues.

The company was founded some 20 years ago and is rooted firmly in the need to ensure that the supply teachers contribute to the quality and continuity of education in schools.

Education issues are at the very heart of the regions future development and this business is at the forefront of initiatives to improve education standards.

This company will provide a good entry level into this popular sector for an established agency or newcomer. Excellent and experienced staff are employed for their knowledge and have either a recruitment or educational background. This has helped to build the reputation of trust it has with Head Teachers and the L.E.A.s for providing good people/staff for schools.

Recommended by many, a significant number of primary and secondary schools have retained the Company over the years as a key resource and it has some 20 regular clients who use its services on a regular basis. These clients are the local education authorities.

The vendor has extensive knowledge and has firmly established links with a strong network and contacts in the business community that give the opportunity of working with the LEAs, Head teachers, Supply co ordinators and their wider community to assist in planning decisions, which affect the future of learning and education in the region.

Expansion Potential
The vendor recognises that the business could grow significantly. Built on solid foundations the Company now has a blueprint for success in place, and this process can be duplicated in other Regions is a new owner so wished.

This is a rare opening to acquire an extremely a highly successful business that could adopt a more sales motivated structure to build this excellent operation into an even bigger cash earner.

With a strong demand for services and a new capacity to increase turnover, a new owner would contribute new levels of energy, fresh ideas and outside influence to build on an excellent base.

This business offers a tremendous opportunity for growth and expansion, with wonderful opportunities for the ambitious new owner or another agency wishing to expand their portfolio.

Market / Competition / Non-Competition Agreements
The company is highly credible and does limited advertising through the most appropriate and successful mediums including internet recruitment websites as well as having its own website. The best form of advertising however is Recommendation. The business regards existing clients as their best advertisers, bearing testimony to the excellent reputation the business has earned since inception.. A high percentage of the businesss revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry.