Business For Sale Listing 148792
Translation & Interpretation Business
Status as of Aug-19-2008 at 05:59 PM: Active
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Business Summary
The Company provides interpreters and translators for a variety of state and local governmental agencies, as well as private institutions. It focuses on the medical and legal fields, where specialized knowledge and training are required to perform effective translation and interpretation while conforming to all regulatory and privacy requirements. For example, the Company might contract with a hospital to provide an interpreter for a non-English speaking person who has an appointment with his/her physician to discuss a serious medical matter.
The Company offers services in over 40 foreign languages, drawing on its database (which would convey to the buyer) of over 2,000 certified and/or credentialed professional translators, editors and interpreters.
The Company has established a strong reputation across the Greater Washington, DC Metropolitan Area for high quality linguistic services, thoroughness and responsiveness in carrying out client assignments, and careful attention to detail throughout the process.
The Washington, DC Metropolitan Area has a high concentration of recent immigrants from many countries. As a result, there are growing requirements for interpretation and translation, especially in the health care and legal areas. At the same time, these immigrant communities provide a rich source of native speakers in almost every foreign language, who also speak fluent English. Thus, the Company stands astride a growing market, with ready access to a wide pool of linguistic talent. There are several other translation and interpretation companies in the area, but very few approach the reputation this company has earned for the high quality and reliability of its language services.
The Company has achieved its current revenue level largely through referrals from satisfied clients. A new owner could accelerate growth by placing greater emphasis on sales and marketing.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($592,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($234,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
Calendar Year 2007 |
| Asking Price: |
Between $500 Thousand and $1 Million ($1,000,000) |
