SB525 IT Staffing Singapore

Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

Click here to download a business overview and confidentiality agreement.

Listing Information

Back to listings

IT Staffing Company - Singapore
Listing ID: SB525	Location: Singapore, Asia
Broker:	Elyse Phillips, Ph:(408) 436-1900
Brief: Outstanding staffing co. with 10+ year successful track record

Listed Price:

Negotiable

Total Sales:

$4,889,581

EBITDA:

$938,263

Fixtures Furniture, & Equipment:

(Included in Listing Price)

Real Estate:

Available for lease or purchase

Inventory:

(Included in Listing Price)

Financing / Terms:

Negotiable

Business Information

Year Established:

1997

Number of Employees:

10 Full Time / 1 Part Time (2 working owners)

Days and Hours of Operation:

Mon-Fri 8a.m.-5p.m.

Relocatable:

Franchise Information:

N/A

Facilities / Location:

1,600 sq. ft. office space in downtown Singapore. Office building is available for lease or purchase.

Lease Information

Lease Expiration Date:

Negotiable

Option:

N/A

Monthly Rent:

Negotiable

Additional Information

Reason for Selling:

Retirement

Business Description:

Highlights:

Full-service IT staffing company
Provides temporary and permanent placements
10+ years of successful operations
Oustanding management team willing to stay on after the sale
90% of revenues are from Fortune 1000 and multinational companies

EBITDA US$900,000+ - Revenue: US$4.8+M

Consultant mix:

50% - IT developers and analysts
40% - Network and systems engineers
10% - Managers and ERP specialists

Operations: 11 employees (10 full-time, 1 part-time) plus 2 working owners occupy a 1,650 square foot office space in downtown Singapore. Employees manage recruitment, placement, payroll, and administration. Office building is available for lease or sale.

Staff: The company has between 100-120 contractors in the field at any given time. These include contract and temporary staffing, outsourcing and managed services.

Customer base: 90% of clients are Fortune 1000 and multinational companies. Typical contracts are for one-year. Half of the company’s gross revenue comes from temporary staffing, and the other half from permanent placements and conversions.

Opportunity: The demand for IT staffing in the region continues to be robust, as evidenced by the acquisition of several IT staffing companies over the past 12 months.