Medical and Legal Records Management and Data Storage Business

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, but not limited to, medical, legal and accounting records. The business has developed a proven track record of providing high-quality records management. The company specializes in electronic data storage and retrieval, and compliments these services by converting physical paper records into digital images through an advanced electronic file scanning process. The business’ strong reputation, tenured employees, secure storage facility and advanced document scanning and storing systems sets 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 out 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 (i.e. storage facility, digital services and cloud storage, etc.) Business price is for a Share sale and includes approximately $250,000 of assets at fair market value.

Medical and Legal Records Management and Data Storage Business

Price: $995,000
Location: Toronto
Industry: Business Services
Listing ID: BA2024602

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, but not limited to, medical, legal and accounting records. The business has developed a proven track record of providing high-quality records management. The company specializes in electronic data storage and retrieval, and compliments these services by converting physical paper records into digital images through an advanced electronic file scanning process. The business’ strong reputation, tenured employees, secure storage facility and advanced document scanning and storing systems sets 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 out 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 (i.e. storage facility, digital services and cloud storage, etc.)

Business price is for a Share sale and includes approximately $250,000 of assets at fair market value.

Revenue: $1,074,000
EBITDA: $264,000
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