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Poughkeepsie/Lagrange

  • Listing No.: 215-20241

  • Category: Internet/E-Commerce

Asking Price $6,000,000
Down Payment $3,000,000
Gross Revenue $965,013
Total Adjusted Net Income $664,807
Equipment / Fixtures
Year Established 2016
General Location Poughkeepsie/Lagrange
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The Company offers affordable, high quality, proven transcription education. You can learn to transcribe with excellence, and you can do it from anywhere. With our programs, you get it all: a solid e-learning platform with multimedia training tools, videos, practice, templates, quizzes, and thorough how-to marketing tutorials that aren’t available anywhere else. Combine all of that with lifetime updates and support, and you’ve got the perfect combination for success.Being an excellent transcriptionist — one that actually gets hired — involves much more than the ability to listen and type. These courses were developed to transform typists into transcriptionists in as little as 2-4 months.The Company offers the most comprehensive and affordable online training in both general and legal transcription. The world has and is continuing to change and, with those changes, people are realizing that acquiring skills that enable them to work from home, or anywhere, offers much more security and potential income than working for someone else and commuting each day. Our simple eBook was priced at $49.95 and sales were approximately a couple of hundred dollars per month. In less than 4 years, that’s grown to close to $1 million in sales per year with nearly 70% to the bottom line. We’ve reached our current rate of growth with virtually no paidadvertising. It’s estimated that the Company’s short-term potential is in the area of $600,000 per month ($7.2 million per year in sales). Because of the proprietary platform that runs the backend and well-seasoned support staff (independent contractors), the business has afforded the Owner the opportunity to work part-time while continuing to grow the business.

Gross Revenue $965,013 Listed Price $6,000,000
Total Income $664,807 Down Payment $3,000,000
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures Other Assets
Full-Time Employees Training Period 1 Month
Part-Time Employees Special License Required
Contract Staff 4 Reason for Selling Retirement and to pursue personal interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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