Recruitment Agency for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 20 - 30 thousand |
Run Rate Sales | USD 14.2 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Recruitment Agencies |
Locations | Bangalore |
Local Time | 8:34 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The company is positioned for significant growth of about 10 times the current revenue if the right efforts are put in, driven by the rising demand for skilled seafarers in the global shipping and cruise industries.
- We operate with Directorate General of Shipping (DGS) approval from the central government, face minimal competition in the southern region, and offer chargeable placements.
- Our key revenue source is from providing end-to-end training services, covering engineering, technical, non-technical, and hospitality courses with fees averaging INR 3.5 lakh per course.
- The training ranges anywhere between 4 months to 1 year in duration.
- Currently, we have already placed 2-3 candidates and are working with 10-12 more.
- India's expanding maritime sector, along with government support for maritime training, offers access to a vast pool of job seekers.
- The company consults for training in the merchant navy, collaborates with DGS-approved universities, and visits campuses to raise awareness about the merchant navy.
- Company has received a 4.7-star rating from over 200 reviews and operates systematically across India.
- They engage with 4-5 campuses, assisting students with passport applications, medical tests, campus training, and placement.
- A network of 10-15 shipping companies regularly sends job requirements, which are matched with trained students.
- Revenue has dropped this year since the owner was not able to fund its growth and is looking to sell it off.
- Enhancing its digital presence and forming partnerships with shipping companies and cruise lines will further extend its reach and promote sustainable growth.
- Primary revenue for the company is from the training that is offered in colleges.
- These services are primarily used by aspiring seafarers, including recent graduates and job seekers looking to enter the maritime industry.
Intangibles include all digital assets, track record data, B2B clients data, and target audience database.
- We rent a Co-working space with digital assets for a rent of around INR 10,000 - 15,000 per seat depending on the requirement.
- Mainly use it to meet with clients.
There are no loans and liabilities as a part of the company.