Yes its possible, but it very much depends on your circumstances. If you specialise in permanent recruitment, have connections to 3 large companies with the majority of your £100k turnover coming from 3 placements into those companies, then chances are buyers are not likely to pay you very much for your business. Your connection will probably be personal, and you won’t be able to demonstrate consistent turnover if you have all your eggs in one basket like this. However if your £100k comes from 30 different short term locum placements in a specialist sector, then your business will have a value and be of interest to buyers.
As ever with business sales, don’t forget that you have to be in the right place at the right time to achieve a successful sale. A business is worth what a buyer is prepared to pay for it.. Contact us today for a discussion about your recruitment agency.