0401001 Virtual-Office Established Language Services Provider with registered offices in Asia
Virtual-Office Established Language Services Provider with registered offices in Asia
Listing No. 852-04-01-001
• Business: Language Services Provider
• Location: Hong Kong
• Features: Established and profitable for over 10 years, this business is an online service operated virtually and executed by a team of online workers. The business is registered in tax-effective and low-cost jurisdictions. The business is a language services provider that specializes in servicing the government and privately funded education sector and is therefore recession resistant. Long-term client relationships have been established. Services include English correction and translation of academic texts.
The brands are highly regarded in Asia and the services are used in 10 Asian countries including most of Asia’s most prominent universities. Services are scalable to other regions including Europe and the Americas. The owner will provide full handover assistance, training and consultation. Processes for training operations, recruitment, marketing, customer service and order fulfillment are well documented and comprehensive. There are multiple websites and all online data uses cloud technology ensuring secure accessibility.
Apart from staff (and contractor) wages, maintenance of online resources and compliance accounting in the two countries, there are virtually no overheads. Operating in two tax effective jurisdictions, and with the low-cost virtual office, this business is suitable for owners of existing businesses offering similar services as a means to expand, or indeed, to a new business owner wishing to take on an established and profitable Asia-wide operation in a growth industry. Being online also makes it quite portable and could actually be operated anywhere (ideally) in Asia.
Potential buyers will be required to complete a standard non-disclosure agreement before any detailed information can be given, and initial meetings are envisaged to be online.
• Tenure: Business for Sale (Assets and IP)
• Asking Price: HKD 3,900,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)
Video courtesy of CSOB
AsianBusinessBrokersListing Owner Member Since: May 25, 2018
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