Started in 2011 with offices in Europe and United States, this rapidly growing translation and audiovisual subtitling company targets international corporations and local businesses who want to expand internationally. Their clients come from all sectors; audiovisual, marketing, tourism, financial, medical and other translation and audiovisual agencies. Revenues for 2015 are projected to be $1.4 mil (€), a 85% increase over 2014. Forecast going forward is for increases of 60%-70%. This company differentiates itself from the competition by;
- 140 Languages
- Translators Worldwide
- Stringent in-house quality controls
- Human Translations
- High Technology Translation Management systems
- Excellent Customer Service
- Trusted Partner for many Translation and Audiovisual Agencies
The market for the company’s services will drastically increase mainly as a result of two factors; (1) the increase of internet users and (2) the increasing demand of video content with closed captions or subtitles. The population and companies are going global. The increase of businesses who want to expand worldwide have increased drastically over the years. New algorithms from Google prize creation of new valuable content and multilingual content. Video content creation has increased drastically over the last year’s due to the fact that the population prefers media content more than digital content.
Total Sales: $1,400,000
Cash Flow: $525,000
Reason For Sale:
The founder is a serial entrepreneur who wants to sell and start another venture.
Year Established: 2011
Unlimited. Translation Services is a Multi-Billion Dollar Industry