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eDocument Discovery and Online Platform for sale in Ontario, CAN

Ontario, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 2,685,000 $ 1,419,483 $ 715,846

Business Summary:
Data discovery is the task at hand for this IT firm located in Ontario, Canada. They operate with a fifty percent margin and have been experiencing increasing revenues year-over-year. This team of seven works on electronic document discovery for corporations and law firms in Canada, the United States, and internationally. When a customer is engaged in a legal suit, this company provides a way to find all applicable document, emails, server information, and network data that meets the parameters of the request. They then centralize this data into a searchable database that allows the user to export documents for opposing counsel and the courts. An online platform for independent discovery search and storage is hosted by this company for those seeking to complete the tasks more independently. The company strictly adheres to all electronic discovery reference model (EDRM) standards. Some of the staff hold certificates as eDiscovery Specialists and some employees are eDiscovery Certified. The owner holds a specialist certificate, oversees the company’s day-to-day operations and has about twenty billable hours per week.

Operations are managed from a 3,000 square foot office space with open work areas, private offices, a kitchenette, board room, and warehouse. The staff all work from this location and include an attorney, a marketing specialist, two IT specialists, one support specialist, one business development professional, one software developer, and one administrator/bookkeeper.

 

   
Year Business was Established: 1993
   
Number of Employees: 8: 1 Attorney, 1 marketin  
   
Facilities / Terms of Lease: 3,000 sq. ft.: open work areas, private offices, kitchenette, board room, warehouse  
   
Potential Growth/Expansion: Partner with other companies looking for services, work with government agencies, expand web platform and hosting  
   
Owner willing to finance: 12.5% Seller Financing  
   
Owner willing to train: 90 days  
   
Reason for selling: Strategic exit planning  
   
Seller Reference Number: IT016
BusinessMart.com Listing Number: 252481
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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