Business For Sale

Interpretation & Translation with Gov. Contracts

Not Disclosed, NJ

Central New Jersey

Asking Price: Annual Revenue:
$518,000 $294,423

Services: Communication, Media, Technology

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RE: Interpretation & Translation with Gov. Contracts Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $518,000 10% Buyer Down Payment: $51,800 10% Seller Financing: $51,800 80% Bank Loan: $414,400 A 10% down payment of $51,800 returns $71,733 in the first year after debt payments!

Quick Facts

Asking Price: $518,000
Annual Revenue: $294,423
Net Profit: Not Disclosed
Cash Flow: $148,671
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 456534398
Broker Reference #: PRO036

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Business Overview:

Local translation and interpreting services for the growing immigrant community in New Jersey! This business has been operating for 18 years and its services are in high demand. With no official office of its own, this business is run remotely, and all employees work remotely. This results in the 50% profit margin achieved by this company with A/R paid within two weeks! Currently this business offers services utilizing the languages of English, Spanish, and Portuguese.

This dynamic and rising company offers local translation services for those looking to translate driver’s licenses, birth certificates, and legal documents. Those looking for interpretation services do so mainly for education, legal, and personal purposes.

Communities of those who speak languages other than English are growing rapidly in New Jersey. Opportunities for growth include offering services for additional languages such as Chinese, Tagalog, Korean, Hindi, and Arabic. The current owner is responsible for oversight.

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Property Features and Assets:

No office - all employees work remotely.

Market Competition and Expansion:

Growth Opportunities: Expand service area; expand number of languages; develop relationships with local agencies, law firms, and the justice system.

Reason for Selling:

help it grow into what it can become!

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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