Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Professional Providers Of Language Translation Services With Expert Translators

LISTING DETAILS
Firms For Sale ID:
33805
Vendor reference:
CC171
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£250,000  
Turnover / revenue:
£188,475
Net profit / cashflow:
£66,943
Years established:
15

OTHER DETAILS
Reason for selling:
The vendors have decided to retire and return home to HK.
Support and training:
Full support and training will be provided by the vendors as part of the sale package for a negotiated period of time.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Professional Providers of Language Translation Services with Expert Translators working with Private & Public Sector inc. government sectors, health authorities, PWP Job centres, courts, doctors, dentists, schools and colleges, universities and private individuals
Ref.CC171
Location Fully Relocatable
Asking Price GBP 250,000
Established over 15 years ago this business provides translation and interpreting services to both the public and private sector, split 90% / 10% corporate / private.

The business offers their services to a multi-cultural society and is in great demand from people whose first language is not English. The business has grown and now has a very strong repeat contact/client base with various government sectors, health authorities, DWP Job centres, courts, solicitors, doctors, dentists, schools and colleges, universities and private individuals. Thirty different languages are offered by between 200 plus sub contracted translators and interpreters.

The business is well structured and can be operated from anywhere and would run very smoothly without the principles. With ever increasing demand for this type of service the business has expanded since inception and offers far more than basic training and language activities.

Expansion Potential
As previously mentioned the business is fully re-locatable and expanding the geographical area could encourage future growth.

Market / Competition / Non-Competition Agreements
With an excellent reputation, this business also has a very well designed and informative web-site. By far the most cost effective form of marketing this business enjoys, however, is strong word of mouth recommendation.