Recruiter

This is a recruiter with a focus on real estate sector. Clients include investment managers, property developers, consulting companies, real estate agents/appraisers, property managers and managers of condominiums. Matching candidates are sought and placed for these clients for virtually every conceivable position, such as project developers, asset managers, technical managers, business and residential real estate agents, property managers, lawyers, financial specialists to facility managers.

Key figures
Revenue realized in 2022 was approximately €704,000 and normalized EBITDA is around €394,000. Revenue is realized entirely with success fees that regularly amount to a percentage of the fixed gross annual salary including vacation pay. By 2022, at 58 clients, vacancies have been filled with an average revenue of €12,137 per client. The mid-March 2023 "pipeline" shows a portfolio with a turnover value of a similar amount.

Details
The service is fully digital and online and can therefore take place location independent. However, the company does have its own office space in an office building near Amsterdam. There is a short-term rental agreement, which can be continued or terminated at will. The company is also debt-free, has a light cost structure, has no obligations due to coronasteun and can be delivered with the necessary working capital, to be determined in consultation with the buyer.

The reason for sale
In order for the owners to make room for new activities and challenges, the shares of a company that provides recruitment for clients, active in the real estate industry, are offered for sale.

Transaction
Attached to the company are the two owners as well as an associate who performs recruitment processes independently through a hiring agreement. The company is able to transfer all client relations, pipeline information, company pages on social media channels, contracts and proven working methods so that the activities can be continued in continuity. Further arrangements will be made for the transfer and the current owners will be able to contribute to a smooth and warm transfer for as short or as long as desired. If mutually desirable, the current owners will be open to taking on new challenges for or within the buyer's business.