Proof Reading, Copy Editing, and Paraphrasing Service Provider
£100,000
£15,796
£15,339
Overview
Relocatable
2007
- Excellent reputation
- Loyal customer base
- Huge growth opportunity
- Low overhead costs
- Wide variety of services available online
Intelligent is pleased to present a unique opportunity to acquire a business which provides freelance proof reading, copy editing, and paraphrasing services.
The vendor founded Proof Edit as a side-line income stream many years ago, amongst their numerous other business ventures. Despite not investing a huge amount of time into Proof Edit in terms of advertising or marketing, it has enjoyed a great amount of organic growth.
Payments are made from clients to the business via Paypal or BACS transfer, although Paypal is no longer used which has eliminated the fees associated with this payment platform.
The only other cost associated with operating Proof Edit is website hosting. The superbly low overhead costs of running the business have helped to generate an attractive profit margin.
Quite recently, the business turned over more than £30,000 organically through the website, an impressive figure for a side-line venture.
With greater efforts and the right strategies, the buyer could easily scale-up Proof Edit’s activity and achieve a fantastic return on their investment.
Proof Edit does not have any business premises attached to it as it is currently run from the vendor’s home, and so it is available for sale on a fully relocatable basis. The buyer will have complete control over how and where they manage business operations, easily adapting the company to office premises or running the enterprise from the comfort of their home.
The business’s well-presented website effectively outlines its services and is included in the asking price. Proof Edit also has social media channels on Facebook, Instagram, and Twitter. The business has approximately 1100 contacts on their database, 950 of which are active subscribers to emails/newsletters.
Additionally, the vendor is happy to provide a full transitional period to ensure the buyer benefits from a seamless handover of business operations.
The ideal buyer for Proof Edit is someone who has an exquisite grasp of the English language and is meticulous in their proof-reading abilities.
There are numerous methods available for unlocking the business’s full potential. Firstly, the new owner should consider modernising the company’s website to keep up to date with evolving customer expectations. They should also undertake an SEO audit on the website and update its content accordingly, to ensure Proof Edit is appearing at the top of potential customers’ search engines. Implementing a Pay-Per-Click Adwords campaign would further enhance the company’s visibility on search engine results.
Finally, the buyer could curate a social media marketing campaign by developing a regular schedule of engaging content to leverage its existing social media presence. This should aim to increase brand awareness, build the company’s following, and generate new client leads.
- Relocatable
- Can be home-based
- Can be office-based