Growing Transcription Business with Established Client Base
Business Description
GROWING TRANSCRIPTION BUSINESS WITH ESTABLISHED CLIENT BASE
This established legal transcription business, founded in 2022, capitalizes on the nationwide shortage of court reporters by delivering court-ready transcripts to legal systems across six states. Operating as a home-based, fully relocatable enterprise, the company has built a solid foundation with $81,134 in annual revenue and strong cash flow performance.
BUSINESS FUNDAMENTALS:
Revenue: $81,134 annually
Seller's Discretionary Earnings: $25,053
EBITDA: $24,073
Employees: 8
Asking Price: $65,000
The business operates with complete location flexibility, allowing management from anywhere while maintaining service quality and client relationships.
MARKET POSITION:
Serving courts in California, Florida, Indiana, New Jersey, New York, and Pennsylvania, this transcription service differentiates itself by providing ready-to-use transcripts rather than rough drafts. This value-added approach eliminates additional processing time for courts and justifies competitive pricing that maintains healthy margins.
GROWTH POTENTIAL:
The legal transcription market is experiencing unprecedented demand due to the critical shortage of court reporters nationwide. Courts are actively seeking alternative transcript providers, creating substantial expansion opportunities. With thousands of courts across the United States and growing acceptance of transcription services, the potential for geographic and client base expansion is significant.
OPERATIONS:
This turnkey operation features established systems, templates, and processes that ensure consistent service delivery. The seller provides comprehensive training on website operations and access to proven forms and templates, facilitating smooth ownership transition.
The current owner is selling to pursue other career opportunities, presenting an ideal acquisition for someone seeking an established, scalable business in the growing legal services sector. The combination of recurring client relationships, operational flexibility, and market expansion potential makes this an attractive investment opportunity.
This established legal transcription business, founded in 2022, capitalizes on the nationwide shortage of court reporters by delivering court-ready transcripts to legal systems across six states. Operating as a home-based, fully relocatable enterprise, the company has built a solid foundation with $81,134 in annual revenue and strong cash flow performance.
BUSINESS FUNDAMENTALS:
Revenue: $81,134 annually
Seller's Discretionary Earnings: $25,053
EBITDA: $24,073
Employees: 8
Asking Price: $65,000
The business operates with complete location flexibility, allowing management from anywhere while maintaining service quality and client relationships.
MARKET POSITION:
Serving courts in California, Florida, Indiana, New Jersey, New York, and Pennsylvania, this transcription service differentiates itself by providing ready-to-use transcripts rather than rough drafts. This value-added approach eliminates additional processing time for courts and justifies competitive pricing that maintains healthy margins.
GROWTH POTENTIAL:
The legal transcription market is experiencing unprecedented demand due to the critical shortage of court reporters nationwide. Courts are actively seeking alternative transcript providers, creating substantial expansion opportunities. With thousands of courts across the United States and growing acceptance of transcription services, the potential for geographic and client base expansion is significant.
OPERATIONS:
This turnkey operation features established systems, templates, and processes that ensure consistent service delivery. The seller provides comprehensive training on website operations and access to proven forms and templates, facilitating smooth ownership transition.
The current owner is selling to pursue other career opportunities, presenting an ideal acquisition for someone seeking an established, scalable business in the growing legal services sector. The combination of recurring client relationships, operational flexibility, and market expansion potential makes this an attractive investment opportunity.
About the Business
- Years in Operation
- 3
- Employees
- 8
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- This is 100% remote work. Payments are currently made to a PO Box which can be changed to wherever the buyer would like.
- Market Outlook / Competition
- There are other transcription companies out there, but many of which only provide rough drafts. Our company provides ready-to-go transcripts that the Courts can use right away, and at a very competitive price.
- Opportunities for Growth
- All over the country, Court Reporters are becoming harder and harder to find/replace. Therefore, Courts are starting to turn elsewhere to furnish their transcript requests. There are many Courts in the United States, so the potential for growth is significant. We are already prominent in California, Florida, Indiana, New Jersey, New York, and Pennsylvania. The amount of courts in those states alone are eye opening, let alone all of the other states that allow transcribers.
About the Sale
- Seller Motivation
- Focus on different career opportunites
- Transition Support
- I can show the buyer how to operate the website as well as any forms or templates they may need.
Listing Info
- ID
- 2385160
- Listing Views
- 346
Attached DocumentsAttachment Disclaimer
Listing ID: 2385160 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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