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Highly-Rated Translation Services Business in Edinburgh for Sale, £168K Average Turnover

City of Edinburgh, Edinburgh

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    22/09/23

  • Advert ID

    600112

  • Reference

    B07543 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £79,995
  • Turnover: £136,333 (£2,622 Per week)
  • Net Profit: £15,297 (12% Profit margin)

Business Details

Unique translation services business for sale

Business
Please quote reference B07543

CoGoGo are delighted to welcome a highly rated translation services business to the market. The business was first established in 2017, building up an excellent reputation and regular customer base for their flexible translation solutions for a wide range of common and rare language pairs across the globe, catering for over 200 languages and specific dialects.

The business offers specialised translation, proofreading, bilingual editing and Desktop Publishing, which is carried out by a team of highly trained professional linguists. Their services cater to the specific needs of several industries, whilst working closely with the translator community. They offer full-cycle project management services of translation projects, from technical consultancy (for putting together a full brief alongside their clients), to assigning the project to the best matched professional translators, project processing, quality checks, artwork design, delivery, and invoicing.

They operate mostly based on repeat business and referral work and have over 2,000 projects completed to date, with a 100% delivery rate and outstanding reputation for their service and quality provided.

Our client is offering the business for sale to focus on other commitments.

Key Highlights - 

  • Service offering includes human translation, proofreading, bilingual editing, quality assurance, transcription, subtitling and Desktop Publishing.
  • Currently works with 330 active clients in their database
  • Operates in a wide range of sectors, such as Business services, Advertising & Marketing, Manufacturing, Training/Education, Finance and Retail.
  • Strong and proficient team in place.
  • Operates from home-offices.
  • Scope for the company to encourage business growth via the introduction of additional services, such as language consulting, language training, interpreting and multilingual SEO.
  • Scope for business development and increased lead generation through social medial (creation of specialised blogs), Google Business, Linkedin Ads, Google analytics and enhanced SEO strategies, which are all currently unexplored.


Location
Since the work is done remotely, it can be relocated anywhere in the UK or abroad.



Premises
N/A 



Tenure
We are advised that this is being sold on a Business Only basis. 



Hours
Mainly 9 to 5 - Monday to Friday



Staff
The business is run and managed by 1 directors.



Financial Profile
  • Turnover in excess of £161K (average between YE21 and YE22), with an average EBITDA of £80k. As per the 2023 accounts, the business generated a turnover in the region of £136k, with EBITDA in the excess of 63K. Further financials can be made
    available upon request.
  • Gross profit margins averaging 50%.
  • Recently gained 2 new clients, with an expected total value of circa £50k to be completed within the next 6 months.
  • Recently completed a project worth £10k, and has numerous ad-hoc tasks in place with a value of circa £6k monthly.
  • Benefits from numerous monthly, quarterly and 6-monthly clients, which attribute to a large portion of the company’s overall turnover.




Read more

Contact Agent

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Unique translation services business for sale - B07543 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.