In Home Domestic Recruitment business for sale in Sydney
About this business for saleIn Home Domestic Recruitment business for sale in Sydney
This 4-pronged business endeavours to look after people in their own homes; from birth through to death, within the comfort of their own home. There are nurses to assist new moms when the new baby arrives home. When the kids are little there are nannies to support the parents. As they grow up and have parties, there are catering and party people to assist with throwing a party. Maybe in a large place with a large family a live-in housekeeper may be required. For the uber rich and famous, a live-in butler might be the order of the day. When parents start to age, they might need some in-home help from a community nurse and all of these services through all of a persons' life can be sourced and provided by this company.
This business may be of interest to someone with an interest in a health-related industry. It has been established for 30 yrs and the current owner has been there for 13 yrs. She is looking to retire and would hope for sale early in 2018. She is willing to transition for 3 months with the new buyers to ensure that the handover is complete. Apart from the owner there are 4 other ladies working in this domestic recruitment business; an office manager wks 5 days/wk, another long termer who knows so much wks 2 day/wk, in the housekeeping dept is a F/T employee and in the nanny dept is another full timer. All of the team are likely to stay with the new buyers if they continued to look after the staff and make them feel like a valued part of the team.
The business is currently run out of an office in the Lower North Shore of Sydney, however, there is no lease to take over. As the equipment is really just desks and computers, this is a portable business and could be relocated to a buyers home/office if desired. This location was ideal for staff (nannies/nurses/housekeepers) to get to easily due to the public transport and vicinity to the northern and eastern beaches where a lot of the business work takes place.
The business has provided support to many well-known identities. With such high-profile clients, the need for confidentiality is vital; so some marketing constraints may occur. The fee is taken up front via the credit card for services provided and then the staff are paid from this. Some fees such as perm placements for a live-in couple such as a butler and housekeeper may attract a corporate fee of 15% of their income which might be $100 to $150K.
Many of the clients are existing and referral customers. Previously the opportunities would be offered in the local (eastern suburb) newspapers but these are no longer used. The websites are set up for each of the arms of the business but these could certainly be improved. The services are generally used by the top 2-5% of income earners in Sydney ONLY. This business could be certainly taken to the next level with the creation of better processes; updated electronic processes and potentially franchising.
For some parts of the business, there is no longer a significant competitor in Sydney.
Asking $300K for this business, the sales price would include the 4x websites, the data base of workers, the aged care clients as well as access to all connections that this owner has had for the last 13 yrs plus those of the previous owner for the prior 17 years that the business was open in advance of this buyer's acquisition.
To enquire on this business visit www.linkbusiness.com.au/NSW08271 and click on "enquire now"
For full details contact Sally Stuart on email@example.com or on 0437 082 045.
Note: The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.