Acquire a remote interpreting agency with more than two decades of service to legal, medical, insurance and workers’ compensation clients. Established in 2002 and based in Los Angeles, the company serves a statewide West Coast market through a large pool of contractor interpreters.
The asking price is $4,810,000. Reported revenue is $2,278,441, with adjusted cash flow of $962,208. Interpreting generates nearly all revenue, with written translation provided as a smaller complementary service.
A five-person team coordinates assignments, scheduling, billing, contractor payments and receivables through an industry scheduling system. The owner works part time on customer relationships, sales, management and exceptions. The business requires no physical office and can be relocated.
Repeat usage supports demand, ranging from daily assignments to less frequent professional needs. One major institutional customer represents a substantial share of revenue. A recently improved rate agreement with a major account may support future performance, subject to assignment volume and service costs.
The seller offers six to twelve months of transition support. Enquire to discuss customer concentration, assignment history, systems and the opportunity to develop the next stage of growth.
