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Listing Id: 36530 Last Refreshed: 15/04/2025 Total Views: 163

Established & Profitable Employment Agency For Sale

Central AreaRecruitment Agencies
Asking Price: S$4,500,000(Neg.)
Business For Takeover
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Overview

  • Premise Type Commercial Street
  • Premise Size 1000 sqft / 93 sqm
  • Monthly Rental S$2,500
  • Rental Desposit N/A
  • Revenue S$5,400,000
  • Liability N/A
  • Gross Profit S$5,400,000
  • Net Profit S$490,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 10
  • Established 2018
  • Source Broker

Reason For Sale

Owner is retiring due to health reasons.

Description

This is a rare and valuable opportunity to acquire a highly profitable, well-structured, and long-established employment agency in Singapore. Specializing in the provision of temporary staffing solutions—particularly for the events and hospitality sectors—the business has earned a trusted name in the industry over the past six years.

The agency is known for its deep expertise in sourcing and supplying skilled and reliable crew members for a wide range of events, both private and large-scale national engagements. From prestigious hotels and F&B groups to country clubs and major event organizers, the business maintains a diverse portfolio of repeat clients who rely on its services for seamless event staffing.

What sets this business apart is its proven operational model: a large, responsive pool of on-call crew, a capable and experienced internal team, and a streamlined staffing process supported by automation and industry best practices. The business is fully equipped to handle last-minute or large-scale staffing needs with precision and efficiency—an asset that has made it the go-to partner for many of Singapore’s leading hospitality and event brands.

With consistent growth in revenue and profits over the last three years, minimal owner involvement, and a highly trained team in place, this business represents a turnkey opportunity for investors or entrepreneurs looking to enter or expand in the manpower services sector. Whether you're a local buyer or an international investor seeking a strategic foothold in Singapore's vibrant hospitality and event landscape, this agency offers a solid foundation with strong future potential.

Asking Price: SGD 4.5 million (Negotiable)

Key Business Features
-Over 6 years of successful operation
-Large, active database of temporary staff ready to be deployed on demand
-Recurring client base with long-term contracts
-Strong reputation within the events and hospitality industries
-Low owner involvement: Owner currently spends ~3 hours, twice a week at the office
-Well-trained and experienced internal team
-Automated and efficient operational processes
-Steady financial growth year-over-year

What’s Included in the Sale
-All active and recurring client contracts
-Full business operations
-Reputable brand and market presence
-Trained and experienced team
-Established marketing strategies
-Full client list and supplier relationships
-Security deposit for current office space
-Owner’s training and handover support (up to 6 months)

Company Structure
Directors
1x Accountant
5x Recruitment & Site Managers
5x Internal Support Staff

Financial Highlights
Revenue
2022: SGD 4.7 million
2023: SGD 5.0 million
2024: SGD 5.4 million

Net Profit (Adjusted)
2022: SGD 200,000
2023: SGD 290,000
2024: SGD 490,000

*Note: Adjusted net profit includes director fees that will benefit the new owner. Rounded figures for confidentiality – full due diligence welcome.

Premises (Optional)
Office located in the city-fringe (East)
Approx. 1,000 sqft, professionally renovated
Layout includes reception, director rooms, pantry, office area, meeting room, storage, and toilet
Rent: $2500
(Office lease is optional and negotiable as part of the sale)

Reason for Sale
Owner is retiring due to health reasons. Willing to stay on for up to 6 months to support a smooth handover and personally introduce the new owner to clients and partners.

Asking Price: SGD 4.5 million (Negotiable)

Note: Financial figures and information presented are approximate and for general guidance only. Prospective buyers are encouraged to conduct their own due diligence and will have access to detailed financial records, invoices, and staff pay slips, upon signing a Non-Disclosure Agreement (NDA). We assumes no liability for any inaccuracies or omissions in the information provided.

Property Information

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