Service Business For Sale in California

Language Services High Margin, Relocatable

Advert Id: 23703, Sellers Ref: (LANGUAGE1)
  • Location:California
  • Category:Service
  • Asking Price:$1,329,759
  • 1329759
  • Sales revenue :$1,207,076
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This language services business, which can be operated from anywhere in the United States, and does not require industry experience or linguistic skills, provides four primary services: On-Site Interpretation: From hearings & depositions to medical appointments & conferences, the company provides an extensive offering of on-site interpretation services. The company s interpreters are Federal Court Certified, State Court Certified, State Court Registered, State Administrative Hearing Certified, or State Medical Certified. Government security clearances are also available. Written Translation: From comprehensive websites to legal and medical documents, the company translates client texts through a quality assured methodology, exclusively by native speakers of the target language ensuring that linguistic subtleties and nuances are maintained. Every document produced by the business has undergone a strenuous and proven QA/QC process that also includes editing and proofreading. Phone Interpretation: The company provides over-the-phone interpretation and has the capability to provide phone answering and connection services by in-house staff. Over-the-phone interpretation services are provided in over 170 languages for a variety of industry sectors including insurance adjusters, doctors, lawyers, businessmen, and government agents. Multilingual Transcription: The company transcribers take multilingual recordings on DVDs, audio tapes, video tapes, mini-cassettes, and electronic files and convert them into written format. Translators take that multilingual text and translate it into English enabling an efficient work-flow. In addition, the business provides multilingual media services including voiceovers and subtitling. The company provides services to the following business disciplines: Legal Insurance Government Medical Finance Energy Aerospace Human Resources Travel Entertainment
Facilities
While the company has operated at the same location since 1999, the majority of interpretation, translation, & transcription work is outsourced leveraging a comprehensive proprietary database of over 3,200 certified, registered, and accredited linguists. Given this model, the company can easily and effectively be operated from anyplace within the United States. Additionally, with the Director of Operations fulfilling the role of General Manager the Company could be managed on an absentee owner basis.
Financing
Pre-Approved for SBA Financing

  • Competition: This industry is not without competition but the growth this sector has seen as well as the positive outlook for the future mitigates the hurdles to developing the business and bringing it to new heights. The established base of long term clients and impeccable company reputation provides a solid launching pad to grow future revenues.
  • Expansion: The industry is growing at an annual rate of 13.15%. What existed as an officially unrecorded industry up until 20 years ago is now a thriving industry with an expected value of $38 billion in the coming years according to market research firm, Common Sense Advisory. From whichever angle you look at it, translation will inevitably grow due to mankind s need to communicate with one another.
  • Years Established: 1980
  • Employees: 4
  • Reason For Selling: Retirement - focus more time on family and altruisitic endeavors
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