Seller's Contact Information
- RE: Interpretation Services For Hospitals And Schools
- Contact: Not Disclosed
Quick Facts
Asking Price: | $310,000 | |
Annual Revenue: | $479,843 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $86,854 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 3 | |
BBN Listing #: | 943243 | |
Broker Reference #: | OFF022-A |
Business Overview:
This business primarily serves western Washington but has the capacity to offer its services on a national scale. They specialize in language interpretation services, with Spanish being the most common language they work with. However, they have the ability to handle over 100 languages. Their main focus is on interpreting services, which are predominantly conducted in person, although they also offer remote interpreting options. Established in 1994, with a client base of primarily non-English speakers who require language assistance to navigate these critical situations effectively. This business has a contract with Seattle County, WA, and their services are essential in various settings such as medical appointments, court hearings, social services, hospitals, and school districts. The team consists of 1 Scheduling Administrator who runs the day-to-day operations, 1 bookkeeper, 1 Billing Manager, and 1 IT technician. All interpreters are engaged on a 1099 basis, indicating that they work as independent contractors rather than full-time W2 employees. The owner is semi-passive with less than 10 hours per week, providing oversight to the remote administrator and approving financial matters. The seller is planning for her retirement and has offered to stay with the business for 1 year post-close.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Offer service to additional school districts, senior care, and mental health facilities. Additionally, a new owner could offer service to Immigration services.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from