Listing ID: 77497
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: $1,700,000, subject to negotiations, terms, and deal structure. Gross annual sales revenues: $1,100,000 and growing. SDE: $410,000. 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, with the ability to facilitate both live and virtual events, and with 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 $1,700,000 (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. 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 & transition phase to facilitate a smooth transfer to new ownership.
Seller financing may be available for a qualified buyer.
Exclusive Broker: Tim Cunha DRE#01919755
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.
- Asking Price: $1,700,000
- Cash Flow: $400,000
- Gross Revenue: $1,100,000
- EBITDA: $400,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell companies. However, the true factor vs the one they say to you may be 2 totally different things. As an example, they might claim "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these might just be excuses to try to hide the reality of changing demographics, increased competitors, current reduction in earnings, or a range of various other reasons. This is why it is very essential that you not depend completely on a vendor's word, but instead, use the seller's solution together with your total due diligence. This will repaint an extra sensible picture of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover points like supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that revenue margins are too tight. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be fulfilled or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new clients? Often times, businesses have repeat clients, which form the core of their day-to-day revenues. Specific variables such as brand-new competition sprouting up around the location, roadway building and construction, as well as staff turnover can affect repeat customers and adversely affect future profits. One vital thing to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business often, the better the opportunity to develop a returning customer base. A last idea is the general location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Exactly how might the local mean household earnings influence future income prospects?