Business for Sale Overview:
The March Group currently represents one of the fastest growing companies by revenue, as named in an annual listing in a top magazine. Whether renovation (75% of sales) or new construction (25%), the Company can expertly handle a client’s entire bathroom project from start to finish, even meeting ADA requirements. $2MM in bookings scheduled during Aug, Sept and Oct. The Company performs the installation on 40% of their deals, while 60% is product only. Concentration of projects for the hospitality industry (90% of revenue) - Sheraton, Radisson, and Holiday Inn, Baymont Inn, Hilton, Choice Hotels, Marriott, LaQuinta, are just a few of the many satisfied clients with whom the Company has worked in the past as well as many casino hotels and resorts.. Fixtures include vanity tops, skirting, whirlpool tubs, ADA roll-in shower units, tub surrounds, window sills, china fixtures, Bar and Kitchen Tops in Beautiful Natural Granite & a complete line of bathroom accessories. Recently began sourcing directly from foreign suppliers, which will further improve already impressive margins. Project completion on-time/in-budget garners an exceptionally high rate of customer retention. Close ties with a number of reliable and experienced installation contracting firms across the US. Value added services include design consultation, custom fixtures, and detailed DIY installation instructions. Ample opportunity for growth through further penetration into the lucrative hotel renovation market, both in the US and abroad.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,000 sq. ft. leased facility, but business is not dependent on location of administrative HQ.
Market Competition and Expansion:
Increased staffing could capitalize on the Company’s excellent reputation and market position both in US and abroad.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.