Business Overview

The Global language service industry is valued at $57.8 billion. The US Translation Services industry contributes $7.1 billion to the global industry. Language services is big business and it’s a fractured industry with no one company owning more than 3% of the global market offering incredible room for growth.

Before you is an incredible opportunity to purchase a leader in the translation services industry.

Company holds a unique position in the industry. It serves larger translation companies which means continuous workflow without the hassle of finding and contracting with the end users like Google, Volvo, and more.

Company is on the cutting edge of the industry matching expert linguists with machine translation to provide pixel-perfect translations, editing, and proofreading.

After founding the Company and securing the US LLC in 2017, the Seller is looking for new ventures. The Company has an excellent reputation, incredible accuracy, and competitive pricing. It offers both by-project and monthly managed services options.

Staying on the cutting-edge of machine translation is one way to continue the incredible growth the Company has seen over the past 3 years.

Owner has worked himself into a very passive ownership position.

Investment Highlights
? 231% 3-Year Revenue Growth!
? 336% 3-Year SDE Growth!
? 2018: Rush Job: Reached 1 million words translated in 1 week with no quality complaints.
? Supports more than 180 languages with Spanish in a variety of dialects and English being the largest share of the revenue.
? Based in Argentina. Offices also in US, Brazil, Egypt, Peru, and UK. International, predominantly remote workforce.

Asking Price: $5,000,000
2020 Gross Sales: $3,269,910
2020 Seller’s Discretionary Earnings: $1,819,155

Financial

  • Asking Price: $5,000,000
  • Cash Flow: $1,800,000
  • Gross Revenue: $3,700,000
  • EBITDA: $1,550,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:17
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Virtual (Home Based)

Is Support & Training Included:

Owner will provide smooth transition to be negotiated.

Purpose For Selling:

Owner Seeking Other Interest

Pros and Cons:

The Global language service industry is valued at $57.8 billion. The US Translation Services industry contributes $7.1 billion to the global industry. Language services is big business and it’s a fractured industry with no one company owning more than 3% of the global market offering incredible room for growth. Before you is an incredible opportunity to purchase a leader in the translation services industry. Named the Fastest Growing Translation Services company in the world for 2018-2020 it generated an average 50% cash flow for the same period. Company holds a unique position in the industry. It serves larger translation companies which means continuous workflow without the hassle of finding and contracting with the end users like Google, Volvo, and more. Company is on the cutting edge of the industry matching expert linguists with machine translation to provide pixel-perfect translations, editing, and proofreading.

Opportunities and Growth:

After founding the Company in 2011 and securing the US LLC in 2017, the Seller is looking for new ventures. The Company has an excellent reputation, incredible accuracy, and competitive pricing. It offers both by-project and monthly managed services options. Staying on the cutting-edge of machine translation is one way to continue the incredible growth the Company has seen over the past 3 years. Owner has worked himself into a passive management position.

Home Based:

This Business Is Home Based

Additional Info

The venture was established in 2011, making the business 11 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell businesses. Nevertheless, the real reason vs the one they say to you might be 2 absolutely different things. For instance, they may say "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, recent reduction in profits, or an array of various other factors. This is why it is very crucial that you not count absolutely on a vendor's word, but rather, use the seller's response along with your general due diligence. This will repaint a much more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that revenue margins are too small. Numerous companies come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in new customers? Often times, businesses have repeat customers, which create the core of their daily profits. Particular elements such as brand-new competitors sprouting up around the area, roadway construction, and also staff turn over can influence repeat customers and negatively influence future revenues. One crucial thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more people that see the business regularly, the higher the possibility to build a returning customer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the regional median home earnings effect future revenue potential?