An opportunity to acquire a well-established Singapore employment agency business with more than 20 years of operating history.
The business operates primarily within the migrant domestic worker placement sector and has developed an established operating platform comprising customer and referral relationships, candidate sourcing connections, an experienced team, operating systems, database, business know-how and digital presence.
The business is being offered for sale due to the owner's retirement and personal reasons. This opportunity may be particularly suitable for an existing employment agency seeking expansion or consolidation, or an owner-operator looking to acquire an established business rather than starting a new operation from the ground up.
Business Highlights
- More than 20 years of established operating history
- Established Singapore employment agency business
- Approximately SGD 364,000 latest annual revenue
- More than SGD 1.36 million revenue generated over the last three financial years
- Experienced team of 4 employees
- Existing customer and referral relationships
- Established candidate/helper sourcing network
- Existing website and digital presence
- Operating systems and procedures already in place
- Low-capital-intensity service business
- Potential strategic value to an existing industry operator
- Seller willing to provide an extended handover
Financial Overview
The business has an established history of generating revenue, recording:
2023 Revenue: Approximately SGD 648,000
2024 Revenue: Approximately SGD 352,000
2025 Revenue: Approximately SGD 364,000
Revenue returned to modest positive growth in 2025 following the adjustment experienced in 2024.
As an owner-operated business, an additional measure of economic benefit is obtained by considering director compensation together with reported pre-tax profit/(loss).
2023 Adjusted Owner Earnings: Approximately SGD 53,000
2024 Adjusted Owner Earnings: Approximately SGD 34,000
2025 Adjusted Owner Earnings: Approximately SGD 31,000
Adjusted owner earnings represent pre-tax profit/(loss) plus director remuneration and are not accounting EBITDA.
Further financial information will be made available to suitably qualified purchasers during the due diligence process.
Established Operating Platform
The purchaser will be acquiring an operating business rather than simply a corporate entity or newly established agency.
Subject to the final transaction structure and applicable regulatory requirements, the sale may include:
- Business name and goodwill
- Website and domain
- Business telephone numbers
- Customer and referral database
- Candidate/helper database
- Operating systems and procedures
- Supplier and sourcing relationships
- Furniture, computers and office equipment
- Marketing and digital assets
- Business know-how and going-concern value
A detailed schedule of assets will be provided to qualified purchasers during due diligence.
Experienced Team in Place
The business is currently supported by an experienced team of four employees involved in day-to-day employment agency, placement, customer service and administrative activities.
Having an established team already in place provides the incoming purchaser with operational continuity and reduces the immediate need to recruit and train a completely new workforce.
This may allow the purchaser to focus more quickly on business development, marketing, placement volumes and profitability.
Customers, Referrals & Sourcing
Over its long operating history, the business has developed established customer, referral and sourcing relationships.
The business also maintains candidate/helper sourcing connections and the operating knowledge required to support its placement activities.
For confidentiality reasons, individual customer, supplier, referral partner and sourcing details will only be disclosed to qualified prospective purchasers at the appropriate stage of the sale process.
Growth Opportunities
A new owner has several potential avenues to develop the business further.
These include:
- Restoring revenue toward previous levels
- Increasing placement volumes
- Improving operating margins and cost efficiency
- Expanding digital marketing and online lead generation
- Developing repeat and referral business
- Improving CRM and enquiry management
- Strengthening sales follow-up and conversion
- Integrating operations with an existing employment agency
- Expanding into adjacent employment services, subject to regulatory requirements
For an existing industry operator, there may also be opportunities to achieve efficiencies through shared administration, premises, marketing, systems or management resources.
Owner Transition & Handover
The seller's intention is to provide an orderly transition to the successful purchaser.
Subject to mutually agreed terms, the seller is prepared to provide approximately 2-3 months of reasonable handover support, which may include operational training and introductions to relevant employees, suppliers and business relationships.
This transition period is intended to assist the purchaser in becoming familiar with the business and maintaining continuity following completion.
Reason for Sale
The business is being offered for sale due to the owner's retirement and personal reasons.
The sale provides an opportunity for a new owner to take over an established business platform and pursue its next stage of development.
Asking Price
SGD 250,000
Final price, transaction structure and terms are subject to negotiation and satisfactory due diligence.
Ideal Purchaser
The opportunity may be particularly attractive to:
- An existing employment agency seeking expansion
- An industry operator seeking consolidation opportunities
- An experienced owner-operator
- An entrepreneur seeking an established operating platform
- A strategic purchaser able to achieve operating efficiencies
Confidential Sale Process
This is a strictly private and confidential business sale.
To protect the ongoing operation of the business, the company name, exact location, employee identities, customers, suppliers, candidate information and other commercially sensitive details are intentionally withheld from this advertisement.
Additional information will be provided progressively to genuine and financially qualified prospective purchasers following appropriate confidentiality arrangements.
Prospective purchasers should not approach employees, customers, suppliers or other parties believed to be associated with the business.
Summary
- Business: Established Employment Agency
- Location: Singapore
- Established: More than 20 years
- Latest Annual Revenue: Approx. SGD 364,000
- Employees: 3
- Reason for Sale: Retirement and personal reasons
- Handover: Approximately 23 months, subject to agreement
- Asking Price: SGD 250,000
- Serious and qualified enquiries are invited. Further information is available subject to confidentiality and purchaser qualification.
Disclaimer
This Confidential Sales Memorandum is provided for preliminary information only. Information has been obtained from the seller, supplied financial information and other available sources and has not been independently audited or verified.
Prospective purchasers must conduct their own financial, legal, tax, regulatory and commercial due diligence. Historical performance is not a guarantee of future results. The seller may amend the price or terms, reject any offer or withdraw the business from sale at any time.
The underlying valuation report itself states that its information was supplied by the client and public sources and was not audited for accuracy or completeness.
