Technical Translators Business For Sale
Business for sale
Asking Price:
£295,000
Turnover:
£330,000
Annual profit:
£120,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established niche translation business.Founded in 1992 by our client, the business is only now being offered for sale to allow him to concentrate on the expansion of his other business interests.
The business specialises in the technical translation of patents, publishing media and medical journals.
Over the last 16 years, they have built a network of over 4,000 translators around the world who have been selected as they are native speakers of the languages that they translate into of which there are more than 150.
The business works for a wide variety of blue chip clients, both in the UK and overseas which include:
• Microsoft
• Harrods
• Marks & Spencer
• British Airways
• The Department of Health
• The European Commission
Our client has 3 excellent web sites, which are very well known in each of its 3 key technical specific areas, are customer friendly and held to generate many enquiries each year.
Reconstituted net profits for a new purchaser worker from home should be in circa £120,000 which would be an excellent return on their investment.
Our client believes that a competent project manager should on his or her own be able to handle the whole of his current annual turnover and generate excellent profits.
General Information
Trading hours:Mon – Fri: 9.00am – 5.00pm
Living accomodation:The business is fully re-locatable.
Location:Our client’s offices are located in an affluent town in Oxfordshire.
The business is, however, fully re-locatable anywhere worldwide as the main site requirements are phone, fax and e-mail facilities.
Our client is however, prepared for a new purchase to use the current offices for a short mutually agreed period of time to allow for customer and translator introductions.
Expansion potential:1. Due to the strong Euro against the pound, the business has a good competitive advantage over its European counterparts 2. The business has an excellent database of over 8,000 clients, both national and international with many top 500 blue chip companies 3. The business has retained substantial translation memory of old jobs which could be called upon again at some time in the future.
Financing available:Please let us know if you require finance for the purchase of a business.
