Business
Please quote reference B07543

CoGoGo are delighted to welcome a highly rated translation services business to the market. The business was first established in 2017, building up an excellent reputation and regular customer base for their flexible translation solutions for a wide range of common and rare language pairs across the globe, catering for over 200 languages and specific dialects.

The business offers specialised translation, proofreading, bilingual editing and Desktop Publishing, which is carried out by a team of highly trained professional linguists. Their services cater to the specific needs of several industries, whilst working closely with the translator community. They offer full-cycle project management services of translation projects, from technical consultancy (for putting together a full brief alongside their clients), to assigning the project to the best matched professional translators, project processing, quality checks, artwork design, delivery, and invoicing.

They operate mostly based on repeat business and referral work and have over 2,000 projects completed to date, with a 100% delivery rate and outstanding reputation for their service and quality provided.

Our client is offering the business for sale to focus on other commitments.

Key Highlights – 

• Service offering includes human translation, proofreading, bilingual editing, quality assurance, transcription, subtitling and Desktop Publishing.
• Currently works with 330 active clients in their database
• Operates in a wide range of sectors, such as Business services, Advertising & Marketing, Manufacturing, Training/Education, Finance and Retail.
• Strong and proficient team in place.
• Operates from home-offices.
• Scope for the company to encourage business growth via the introduction of additional services, such as language consulting, language training, interpreting and multilingual SEO.
• Scope for business development and increased lead generation through social medial (creation of specialised blogs), Google Business, Linkedin Ads, Google analytics and enhanced SEO strategies, which are all currently unexplored.

Location
Since the work is done remotely, it can be relocated anywhere in the UK or abroad.

Premises
N/A 

Tenure
We are advised that this is being sold on a Business Only basis. 

Hours
Mainly 9 to 5 – Monday to Friday

Staff
The business is run and managed by 1 directors.

Financial Profile

• Turnover in excess of £161K (average between YE21 and YE22), with an average EBITDA of £80k. As per the 2023 accounts, the business generated a turnover in the region of £136k, with EBITDA in the excess of 63K. Further financials can be made
  available upon request.
• Gross profit margins averaging 50%.
• Recently gained 2 new clients, with an expected total value of circa £50k to be completed within the next 6 months.
• Recently completed a project worth £10k, and has numerous ad-hoc tasks in place with a value of circa £6k monthly.
• Benefits from numerous monthly, quarterly and 6-monthly clients, which attribute to a large portion of the company’s overall turnover.