Business Name: Sign NDA to view at https://fih.com/listing/6854732
Business Website: Sign NDA to view at https://fih.com/listing/6854732
Business Start Date: May 1st, 2012
Business Location: Reeuwijk, The Netherlands
Business Valuation: $1,530,000 USD
Employee Number (Inc. Owners): 2 (owners) + 46 (ambassadors) + 2 search consultants
Business Model: B2B Service-based Recruitment
Industry: IT related (IT service providers and larger IT users)
Percentage Being Sold: 100%
Sales (TTM): €767,736 (~$885,233)
Net Profit (TTM SDE): €195,855 (~$225,829)
Business Multiple (TTM Revenue): 1.73x
Business Multiple (TTM EBITDA): 6.78x
YoY Revenue Growth Rate: 47.49%
YoY Profit Growth Rate: 6.56%
Projected Revenue Multiple: 1.17x
Projected Profit Multiple: 6.36x
Social Media Followers: 10,000
Paying Clients (TTM): 12
Tagline: 12+ Y/O Established Executive Search Firm
Executive Summary
Company Overview
The business is an established executive search firm specializing in senior management, IT, and commercial roles on both a permanent and temporary basis. Founded on May 1, 2012, and based in Reeuwijk, The Netherlands, the firm has developed a strong network of clients and industry professionals. The business operates in the IT services sector, catering to both large IT users and service providers.
Key Metrics
Sales (TTM): €767,736 (~$885,233)
Net Profit (TTM SDE): €195,855 (~$225,829)
Business Valuation: $1,530,000 USD
Business Multiple (TTM EBITDA): 6.78x
Employees: 2 owners, 46 ambassadors, 2 search consultants
Social Media Followers: 10,000
Paying Clients (TTM): 12
Business Model & Revenue Streams
The business operates a high-margin, service-based recruitment business, focusing on executive search and placement. The firm generates revenue through:
Permanent Placements: Recruitment fees averaging 25% of the candidate’s annual on-target earnings (OTE) salary.
Temporary Placements: Commissions averaging 20% of the candidate’s hourly rate.
Products and Services
The business offers:
Executive Search & Recruitment for IT and commercial roles.
Consulting & Advisory Services to assist businesses in identifying top talent.
Temporary Staffing Solutions to provide flexible workforce solutions.
Operations & Team
Lean Structure: No payroll employees; result-based compensation for ambassadors (30% of revenue).
Owner Responsibilities: Managing ambassador network, closing sales deals, and overseeing delivery.
Low Overhead Costs: Annual rent is $15,000; no significant additional expenses.
Sales & Marketing
Customer Acquisition Strategy: Relies on an established ambassadors network.
Marketing Spend: $20,000 annually.
Sales Channels: Social media, networking, and direct outreach.
Ideal Buyer Profile
Strategic Buyer: A larger recruitment firm looking to scale or acquire expertise.
IT Services Firm: A company with high recruitment needs looking to integrate in-house talent acquisition.
Private Equity Buyer: Investors seeking a high-margin business with expansion potential.
Ad#:2330021
