Hold

Products/Service

This HR company with good clientele was established in 2010, specializing in recruitment of IT/ITES industry plus Non-IT sector at PAN India level. The company has contracts with 2 major, verified 3rd party vendors which currently have 2000 – 3000 requirements at all levels. Timely payments received. The company has mostly worked with Mid-level and Senior-level positions only. The business has can be relocated to any other location as desired by the buyer. The business made a revenue of Rs. 5 Lacs last year and has up-to-date papers. There is a huge potential in this business provided somebody can dedicate enough time and finances. The business has made an accumulated loss of close to Rs. 20 Lacs and hence the buyer can also claim provision for taxes when it makes profits in near future. The business is also viable for a franchise model. The owners received over 500 franchise applications in past but could not take the opportunity due to lack of resources. Asking price: Rs. 10 Lacs.

Reason

Most of the partners are abroad and the partner has other primary business interest and hence unable to focus on this one

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