Transcription Business - Home Or Office Based
Location United States
Asking Price Range $500K - $1.0M
Gross Revenues $700000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 50 - 99
Relocatable Yes
Number of Employees 50 - 99
Real Estate Leased
Training Yes.
Reason for Sale Expansion through a Managing Partner or Exit. The business needs active management, which I am unable to provide.
Description Price -- $750,000.
I will be willing to sell minimum 50% of the business for $375,000 if you can become the managing partner. Business experience required for this option.
Established Transcription Business. Market Leader in its segment. Current run rate of about $60,000 per month. Business has grown 100% each year. Maintaining the growth rate during the first six months of 2009. Over 1,000 satisfied customers.
facts:
- Established in 2004
- Over 1,000 registered customers. Adding 10 per week.
- Over 20 major universities are our regular customer
- Excellent quality control and process for transcription
- glowing testimonials
- Over 100 typists in the panel. Hiring agressively due to business increase.
- 40% gross profit
- Two full-time employee with total $7,000 payroll
- Team of three people supporting from India for total cost of $2,000 per month
- One of the two employee ($3,750 salary) can be replaced by the buyer
- High search engine positioning for the website resulting in new customers
The business is website based and can be managed from anywhere in the world. Managing Partner option ONLY available for US residents.
Click Here To Contact Seller
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