Medical and Legal Translation/Interpretation

Cincinnati, OH
listing image
Asking Price:$1,025,000
Gross Revenue:$928,955
Established Year:2006
Cash Flow:$327,673
EBITDA:$326,723
BUSINESS DESCRIPTION

Interpret the World with 35% Cash Flow

There will always be a need for human translators and interpreters. The US is one of the world's most diverse nations, with hundreds of languages and dialects spoken. There are nuances to the human language that AI cannot and should not interpret and translate, especially in health care and legal matters.

The Company is a top interpretation and translation firm in the Midwest, marking its 18th anniversary. With 175 translators, it is a fixture at businesses, conferences, family service offices, legal depositions, medical facilities, and other interpretation companies. Federal law requires people with Limited English Proficiency (LEP) access to an interpreter/translator.

The Company’s proprietary software manages the minutiae of the industry: scheduling, sourcing the right interpreter, dispatching, invoicing, and payment. Administrative staff work in conjunction with the software to keep the clients appraised of the details.

They serve 80-90 clients annually and have 190 in their database. They interpret in person, on the phone, and online via video conference. The business is run remotely.

Revenue surged 55% in 2024, and the Seller's Discretionary Earnings (SDE) skyrocketed 97% over the same period, giving a 35% cash flow margin.

The Company is a top player in the interpretation and translation industry in the Midwest. It’s ready to grow exponentially under the eyes of a strategic Buyer.


DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Not Included in asking price
Employees
12
Facilities
Work from home. Remote.
Growth & Expansion
There is tremendous room for growth. The Company concentrates its business in 4 states: Wisconsin, Indiana, Kentucky, and Ohio. Most of their work is in WI and OH. - Hiring sales staff will allow the Company to expand within its current geography. - They have relied on their incredible reputation and long-established repeat businesses to increase revenue. Advertising and developing a social media marketing strategy will allow the Company to reach new clients. - Explore new industries.
Support & Training
Negotiable between buyer and seller.
Reason for Selling
Retirement.
Home-Based
This business is Home-Based
Report an Issue with this listing
profile-img
David
Peterson
logo-img
David Peterson