Tuition & Translation Agency With Language School Potential For Sale

Business description

Established for over 10 years, this successful Language Tuition and Translation Agency is now available for purchase. Significant sales growth and profitability have been achieved year-on-year with expansion in both the corporate and private sectors. With a growing number of freelance, qualified and experienced teachers & translators there is further scope to develop the business both across the UK and overseas with the right leadership and investment. There is also an opportunity to create a Language School environment as a Freehold (or potential Leasehold) property is available for purchase if desired. The business has the flexibility to be based in any chosen location - with current proximity to the London area (where most business is generated).

Property information

Location:

The Head Office premises is currently based in a desirable town on the outskirts of London with good transport links to Central London and the motorway networks across the SouthEast. The office environment has the flexibility to be based in office accomodation or from a home base. All teachers/translators work on a flexible, mobile basis visiting the students' workplace, home or in some cases delivering the work at their home.

Premises details:

The office is currently based within a serviced office environment with telephony, broadband and secretarial support.
If desired, the owners/directors also have a freehold premises available for purchase or for offer on a leasehold basis. With a property base, this could open new opportunities for a Language School environment along with the established tuition business. More details can be provided.

Size in square feet:

150 - 3,000 square feet (optional)

Other information

Expansion potential:

Great opportunities to exploit more business in the London area but also potentially across other cities across the UK and then internationally to other capital cities around the globe. The business model and work practice can allow virtual services so the boundaries are flexible. There is a vast database of existing and previous customers (corporate and private) to optimise and re-generate business going forward.

Planning consent:

Current office premises and available property have appropriate business use consent.

Competition / Market:

Lots of competition around with large, small and independent operators in a fluid marketplace. Langauge learning and training is popular and has both personal and business drive to generate strong demand for this business. Translation work is a natural progression from the language training as a large percentage of the qualified teaching team is also qualified to translate into their native tongue. The market is price sensitive but the current business model has a strong focus on 'flexibility' and an impressive customer service approach.

Support & training:

The current owners/directors are realistic and motivated to offer and provide the necessary support to ensure a smooth transition, in order to maintain the strong and positive brand position of the business with current and prospective customers. For discussion.

Reasons for selling:

Current owners have run the business successfully for the past 5 years and now have new plans for their home and work lifestyle in the future. There are also other business interests in operation.

Trading hours:

Variable and flexible, but typically Monday to Friday 9am-6pm

Furniture / Fixtures value:

£5,000 (included in the asking price)

Inventory / Stock value:

£1,000 (included in the asking price)