Established business specializing in medical and legal document digitalization, storage, and retrieval.
The business facilitates the storage and transfer of physical and digital copies of records for independent practitioners and companies, ranging from medical, legal, and accounting records. The business has developed a proven track record of providing high-quality record management. The company specializes in electronic data storage and retrieval and complements these services by converting physical paper records into digital images through an advanced electronic file scanning process. The business’s strong reputation, tenured employees, secure storage facility, and advanced document scanning and storing systems set it apart from its competitors.
The company has a sticky and diversified client base, with no single customer accounting for more than 4% of revenue. Medical, legal, accounting, government, and educational institutions seek its services for physical and digital record-keeping purposes. Medical institutions make up the bulk of the company’s key clientele. Auxiliary services like document destruction and transportation are also provided to clients.
This is an ideal opportunity for strategic buyers operating in the record management industry or companies with complementary capabilities (e.g., storage facilities, digital services, cloud storage, etc.).
The business price is for a share sale and includes approximately $250,000 of assets at fair market value.
