Document Management Automation Company: 26 Year Track Record with Medium to Fortune 500 and Government Clients
This 26-year established company offers document management solutions including software, technical support, and digital supplies. They cater to medium-sized companies and Fortune 500 customers, and their clientele includes corporations and municipalities worldwide. The company offers 9 services and generates new leads every month from a salesforce database of over 2,000 qualified clients and leads. The business has a skilled team of 2 salaried managers, 3 contract programmers in Vietnam, a web specialist in Arizona, and a Programming manager in Oregon. All staff members are open to staying after closing.
OPERATIONS
The current owners spend less than 15 minutes each week consulting accountants and managers, as their only operational task.
The business operates almost completely hands-off like other businesses with low competition. It has a skilled team managing software development and technical partnerships to continue growing the company’s software solutions, software as a service, and digital supplies worldwide.
MARKETING AND KEY METRICS
The company does not currently participate in paid marketing or PR practices, but optimizes all domains for SEO. Initiatives like crafting consumer outreach and investing more into marketing initiatives could influence brand recognition. They have the potential to increase their market share by targeting clients in Europe, South America, and Asia. Social media platforms like Twitter, LinkedIn, and Facebook show high potential for customer retention and organic outreach.
The business carries scale opportunities for document generation, distribution, capture, cloud protection, and storage services. They leverage on their salesforce database of over 2,000 qualified clients and leads as well as generating new leads every month.
Their services include document generation, storage services, cloud protection, distribution, and capture. The company generates new leads every month from a salesforce database of over 2,000 qualified clients and leads.
The company caters to medium-sized companies and Fortune 500 customers, including corporations and municipalities worldwide.
BUSINESS MODEL & RESOURCES NEEDED
The business has a skilled team of 2 salaried managers, 3 contract programmers in Vietnam, a web specialist in Arizona, and a Programming manager in Oregon. The business has an average employee tenure of 12 years. All staff members are open to staying after closing.
THE INDUSTRY
Document Management and Automation is a growing industry, with implementation ranging from small businesses to government organizations. Offering document management software solutions and technical partnerships for compliant document storage continues to drive the industry’s profitability. Examples of document management companies include Laserfiche, DocStar, and DocuWare.
OPPORTUNITIES TO SCALE
There are many opportunities for growth, including offering services in cloud computing, storage, and security and targeting clients in Europe, South America, and Asia. As the leading platforms for B2B lead generation, Twitter, LinkedIn, and Facebook are profitable platforms that can bring in long-lasting customer relationships through both organic and paid outreach. They can also continue scaling in operating system compliant products as well as through strategic marketing plans.
Asking Price: $1,950,000
Gross Income: $988,189
Cash Flow: $370,112
Year Established: 1994
Employees: 9
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