Translation & Interpretation Specializing in 3 Languages

Bergen County, NJ

Translation & Interpretation Specializing in 3 Languages
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Asking Price: $398,000

Cash Flow: $133,031

Gross Revenue: $270,870

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2000

Translation & Interpretation Specializing in 3 Languages

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Business Description

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, all employees work remotely, and services are available seven days per week. 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 and the owner acts in an oversight capacity only.

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

**The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.**

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Detailed Information

Location:
Bergen County, NJ
Employees:
12
Growth & Expansion:
Expand service area; expand number of languages; develop relationships with local agencies, law firms, and the justice system
Financing:
10% Seller Financing: $39,800
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Cortney Sells

Business Listed By:
Cortney Sells

The Firm

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