Back to Listings Digital Service - Translation & Interpretation Services - $49K gross/mo

Asking Price : $397,000

Annual Gross Revenue : $594,000

Annual Net Profit : $145,000

Profit Multiple : x2.74

Inventory Value: -

R-Index : 135

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From the Broker

Main Benefits

  • Authoritative brand offering a secure foothold in the growing interpretation services niche
  • Rapid revenue growth, reaching an 10% CMGR over the trailing 12 months
  • Strong website traffic with over 100K visitors driving 200K page views in the past year
  • Highly scalable business model with a remote team willing to stay on post sale
  • Low owner involvement

Description

For sale is a rapidly growing Digital Service business providing translation & interpretation services generating $49K gross/mo. The business itself is simple to run with the current owners spending only a few hours per day on employee oversight and marketing.

Established in 2016, the business has made a name for itself by offering accurate, high-quality translations in over 30 languages. Monetized via per-unit pricing and utilizing a team of qualified translators to deliver a personalized human element to each job order, the business swiftly found product-market fit amongst consumers.

Since launch, the business has quickly scaled, reaching an impressive 10% CMGR over the trailing 12 months. Delivering reliable and affordable services that can be purchased time and time again, the site saw over 100,000 visitors driving c.200,000 page views in the past year alone.

With two VA’s responsible for day-to-day operations and a pool of 15-20 freelance translators on call, a new owner will have time to focus on the bountiful growth opportunities the business has at its disposal.

* revenue and profit annualized on a L6M basis.

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Sale Pending: No

First Seen: Fri, Nov 3rd 2017

Last Updated: Sat, Nov 4th 2017


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