(Sold) Recruitment Agency Business For Sale ! $48K

Comprehensive recruitment agency for sale!
💽 About 18 years establishment
💽 EA Licence : Comprehensive
💽 Record :
👉🏼 No demerit points from MOM
💽 A comprehensive licensed recruitment agency that deals with the following:
👉🏼 Recruitment Management Software/ Popular Cloud-based HR Administration + Payroll App / Monster subscription/ Job portal ads/ IT Equipment/ Furniture / Fixtures and Inventory)
1. International/ Foreign Recruitment: EP, S-Pass and Work permit
2. Local Placement & Executive Search
3. Temporary/Permanent Placement
4. Contract & Temp Staffing
5. Payroll Services
💽 The following are included in the takeover:
👉🏼 All clientele
👉🏼 Complete office equipment and furnishings in a fully equipped office in central area (very near an MRT station)
👉🏼 Take over of Facebook page and website, including email accounts.
👉🏼 Candidates' database + Overseas partner network
💽 Business Hour:
9 am - 6pm
💽 Revenue:
👉🏼 Past few years not making money (because owner often busy with other businesses overseas & thus no time to manage the local business)
👉🏼 Past 6 months account in black (about $1,000 nett profit) as owner took some effort to manage the business
💽 Staff:
👉🏼 1 Accountant cum HR & Admin (yet to confirm whether to remain if new boss takes over the firm)
👉🏼 1 freelance recruiter
💽 Data :
👉🏼 All Clients
👉🏼 Marketing Database of over 2000 leads
👉🏼 Existing payroll parking
👉🏼 All existing orders
👉🏼 Payroll parking marketing video
👉🏼 Candidate database
💽 Office rent per month: $3,231.00 before GST
👉🏼 Rent expiry date: 31 March 2019 (renewable up to June 2020)
💽 Owner's Role: Part-time
💽 Reason to sell: Owner focusing on overseas business
💽 Sale price $50K NEGOTIABLE.
Including :
👉🏼 Assets after depreciation - $48,000. Non depreciated value is over $150,000
👉🏼 “Justlogin” (software) about $40,000
👉🏼 “DM Recruitment management
(software about $20,000)
👉🏼 Fixed Assets like chairs, tables, computers, etc
💽 Sale price excluding rental deposit
💽 This biz is suitable for entrepreneurs who want to start an Employment Agency
💽 The company has almost ceased operations except for several contract staffing monthly billables of about $900+