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Online and Library Cataloging Services. Northeast, US

North East

Online and Library Cataloging Services. Northeast, US
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,400,000

EBITDA: $244,000

FF&E: N/A

Inventory: N/A

Established: N/A

Online and Library Cataloging Services. Northeast, US

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Business Description

Founded in 1985, The company provides MARC catalog records and library technical support services to law schools, law firms, courts, subscription libraries, publishers, and special libraries.

The company creates high-quality MARC records each month for the major legal publishers and most of the accredited law schools in the United States and Canada. The firm’s superior MARC records enable client researchers to find all available materials (electronic and print) in their library or information center.

The business is led by an exceptional management team of notable industry experts who will remain through the transition to facilitate a successful and orderly transition. Many of the key employees and managers have long histories in the industry. This wealth of experience and expertise provides the company with a significant advantage over its competitors.

The company has established an extensive network of contacts in the legal publishing, law school library, and special library communities. The firm’s largest customer segment is law school libraries followed by publishers. The company serves customers primarily located in the United States and internationally in Europe, Canada, and Australia.

Detailed Information

Competition:
Scalable Model. The business has proven to be scalable and has established customer relationships, an innovative product, strong market development strategies, and excellent operational management. Many of the key employees and managers have long histories in the industry. Intellectual Property and Long-Term Contracts. The company owns the copyright on all its MARC catalog records except those specifically sold outright to a handful of publishers for their own distribution. And the company enjoys renewable contracts with the three major legal publishers to produce MARC records to support their most commonly subscribed-to electronic databases.
Growth & Expansion:
Category Expansion: There is an opportunity to increase the categories of projects the company takes on to include publishers and distributors of juvenile literature. This will require adjusting the price point per title to accommodate the smaller budgets for this market. Project Development: Expand the brands of projects the company takes on to include a wider range of publishers and special libraries. The company has worked in Art, Art History, Music History, Business, Science, Medicine, Engineering, and Applied Medicine. The company is currently engaged in the areas of Law, Business, Chemistry, Journals, and Art History.
Financing:
Negotiable
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Ahmad Behjati

Business Listed By:
Ahmad Behjati

abehjati@generational.com

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