$1,495,000.00
Asking Price
Status: Active
Posting ID: 272547
4/19/24
Description
A professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. Extensive team of language experts and broad client base.
Price: $1,495,000, subject to negotiations, terms, and deal structure. Gross annual sales revenues: approaching $1,000,000 and growing. SDE: $500,000+. Some seller financing may be available for a qualified buyer.
This well-established, highly respected professional firm provides exceptional language interpretation and translation services in over 200 languages for clients worldwide, through in-house talent and a team of scores of contract experts. Founded over 12 years ago, the firm has grown to be one of the leading and best-qualified language experts in the world.
The business is headquartered in the United States but operates virtually. It can be headquartered anywhere in the world. (For search engine purposes, it is listed as being in California, the state of its exclusive broker.) Four of the six full-time employees work as contractors outside the United States at very favorable labor rates. There are also two part-time employees working offshore. The buyer would acquire the company’s extensive database of affiliated interpretation and translation contractors in all major world markets and capitals.
The business is unique in its field, with extensive international expertise, resources, and competence, the ability to facilitate both live and virtual events, and the capacity to handle both interpretation and translation in myriad languages. Services are provided by the regular employees of the firm and by a carefully vetted cadre of experts on a case-by-case basis. The firm facilitates large and small live and virtual events, multi-lingual conferences, meetings, and negotiation sessions. They provide precise meticulous written translations of the highest caliber for a discerning clientele demanding consistent, reliable excellence. Several clients, including the United States Federal Government and a number of international organizations, are on long-term master service agreements.
Market Dynamics: About three-quarters (3/4) of business revenue is recurring from existing clients. The demand for services is growing rapidly year-over-year. The reputation, expertise, personnel resources, and diverse client base make the barriers to entry quite high.
Price & Transaction. The asking price is $1,495,000 (subject to negotiation, terms, and deal structure). The business is offered as a sale of all the tangible/physical assets of the company, plus the intangible property, including the highly-valuable business name, logo, websites, phone numbers, customer data, etc. It does not include accounts receivable, cash on hand, and facility rent deposits. The sale does not include the private professional practices of the owners, which will be defined by a detailed non-compete agreement. Work-in-process would be pro-rated. The seller will be responsible for all accounts payable through the date of closing. The current owner would be open to a training and transition phase to facilitate a smooth transfer to new ownership.
Seller financing may be available for a qualified buyer.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of appropriate qualified professionals prior to purchasing the Business.
To get more information about this Language Interpretation And Translation Service business for sale in California please phone Tim Cunha (Intermediary, Resource, Broker - BRE License #:01919755) at 650-600-3751 and 844-237-6487 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272547 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Language Interpretation And Translation Service, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01919755. EvergreenGold Business Advisors.
Contact
Phone: 650-600-3751 Phone: 844-237-6487 Details
Asking Price: $1,495,000.00
Down: Call/Email
Cash Flow: $400,000.00
Revenue: $1,100,000.00
Area: California
City: None Given
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Posting: 285867 | Available | 4/14/24
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Revenue
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Cash flow
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Revenue
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Revenue
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Cash flow
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Down
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Down
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
$328,888
Cash flow
N/A
Revenue
N/A
Down
N/A
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
Call/Email
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Asking Price
Call/Email
Bldg Size
Call / Email
Typical Floor Size
Call / Email
Year Built
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Down
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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
$60,000
Revenue
$200,000
Down
$250,000
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Cash flow
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Revenue
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Down
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$1,495,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
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Revenue
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Down
$2,000,000
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Cash flow
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Revenue
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Down
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