Asking Price
R715,000
Monthly Profit
R25,996
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 311,954
Summary
One of the leading placement agencies operating within the affluent Pretoria East.
Give me more informationFully describe the business's activities?
The business specializes in recruiting au pairs, nannies, in-house childcare providers, and domestic workers. Clients provide a brief outlining the services they need, after which the business creates a vacancy ad and posts it to their database of service providers. Service providers can apply by submitting their CVs to the business. The business conducts initial screenings, helps relevant applicants draft professional CVs, and then presents the suitable candidates to the client. Once the client indicates which candidates they wish to interview, the business schedules the appointments but does not attend the interviews. The client informs the business of the successful candidate and discusses the offer with the business. The business presents the offer to the service provider, and if accepted, prepares an acceptance letter for both parties to sign. The client is then invoiced for the services rendered. After payment is received, the business provides the client with the service provider’s contact details, along with a contract template.
How does the business operate on a daily basis?
The owner operates the business from her home. She has an independent consultant who assists her daily and is based off-site. The consultant handles all operational tasks which include; screening service provider applications and adding them to the database. Screening and executing client enquiries. The owner manages all the social media profiles and marketing of the business. The owner also does all the invoicing.
What Advertising/Marketing is carried out?
Website.
Facebook - 10,000+ followers.
Instagram.
Facebook - 10,000+ followers.
Instagram.
What competition exists?
There are similar agencies in the market.
How could the profitability of the business be improved?
Developing an app that would be used to connect the agency to customers and service providers.
What is the total staff complement?
1 x Independent consultant.
Give a breakdown of staff/ functions/ length of service?
The independent consultant does everything except invoicing, Facebook and website construction.
How involved is the Owner in running the business?
The owner is involved on a daily basis. Having a capable assistant enables the owner to schedule her day to suit her needs.
When does the current lease end?
This is a work from home business. The independent consultant also works remotely.
What are the trading hours?
Mon - Fri 8:00 - 16:00
What are the main assets of the business?
The primary asset is the extensive database of customers and service providers, rather than the hardware. Significant time and resources have been dedicated to securing top-quality service providers and continually expanding the customer base, which is where the true value of the business lies.
Strengths?
1. Growing Demand for Quality Childcare:
- Increased awareness among parents about the importance of quality childcare drives demand.
- High birth rates and dual-income households create a consistent need for reliable childcare providers.
2. Diverse Market Needs:
- Ability to cater to various needs, including nannies, au pairs, babysitters, and domestic workers, allows for a broad client base.
3. Personalized Service:
- Ability to provide tailored recruitment solutions to match specific family needs and preferences.
- Increased awareness among parents about the importance of quality childcare drives demand.
- High birth rates and dual-income households create a consistent need for reliable childcare providers.
2. Diverse Market Needs:
- Ability to cater to various needs, including nannies, au pairs, babysitters, and domestic workers, allows for a broad client base.
3. Personalized Service:
- Ability to provide tailored recruitment solutions to match specific family needs and preferences.
Weaknesses?
1. Quality Control:
- Ensuring the consistent quality of candidates can be challenging.
- Ensuring the consistent quality of candidates can be challenging.
Opportunities?
1. Technological Integration:
- Utilizing technology for candidate vetting, client management, and communication can streamline operations and improve efficiency.
2. Partnerships and Collaborations:
- Collaborating with educational institutions, parenting groups, and childcare centers can create new opportunities and expand reach.
3. Increased Focus on Early Childhood Development:
- Growing emphasis on early childhood education and development can lead to more demand for specialized childcare professionals.
4. Expansion into Niche Markets:
- Offering specialized services, such as bilingual caregivers or caregivers with specific training, can attract diverse client segments.
- Utilizing technology for candidate vetting, client management, and communication can streamline operations and improve efficiency.
2. Partnerships and Collaborations:
- Collaborating with educational institutions, parenting groups, and childcare centers can create new opportunities and expand reach.
3. Increased Focus on Early Childhood Development:
- Growing emphasis on early childhood education and development can lead to more demand for specialized childcare professionals.
4. Expansion into Niche Markets:
- Offering specialized services, such as bilingual caregivers or caregivers with specific training, can attract diverse client segments.
Threats?
1. Economic Instability:
- Economic downturns can affect family budgets and reduce the affordability of private childcare services.
- Economic downturns can affect family budgets and reduce the affordability of private childcare services.
What is the reason for the sale?
The owner has other business interests which she wants to grow.
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
Sign up for our Sellers' Portal Affordable monthly packages
More businesses you may like
More similar, inspiring businesses for sale
SA, Gauteng
SERVICES
Online Clothing and branding business looking for an investor. Located o the Westrand of Jhb
1,030,000
YNP - R 391,411
SA, Gauteng
SERVICES
A franchise motor vehicle workshop with a manager in place in excellent location.
1,650,000
YNP - R 529,594
SA, Gauteng
SERVICES
Well-established College & Skills Development Institution. Vaal Area. HWSeta and QCTO Accredited.
750,000
YNP - R 596,276
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
10 Questions To Ask When Buying A Business
10 Questions To Ask When Buying A Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne
Sellers
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.