Business for Sale Overview:
The March Group currently represents a long-running wholesale distributor of industrial and automotive parts and supplies. Focuses on a thriving market niche, with approximately 80% of business deriving from sales to heavy duty fleet operators; the remaining sales are generated from a diverse base of local auto repair centers. Serves a major metropolitan area in Western Canada. The Company-owned facility boasts 5,650 square feet of prime retail space, available for sale along with the business. Extensive assortment of products, exceeding 8,900 SKUs, includes tools and equipment (25%), filters (15%), lighting and electrical supplies (10%), hardware (10%), wires and cables (5%), and a variety of related items. Account base is distinguished by the longevity of relationships, which contributes greatly to the Company’s success and stability. Sales have steadily increased over the past several years, hitting $1.3 million with EBITDA of $155,000 in 2007. Backed by the area’s booming economy, results in 2008 and beyond are expected to reflect the continued growth trend, with sales of $1.4 million and EBITDA of $184,000 expected in fiscal 2008. With more than 40 years behind its highly-regarded name, the Company represents the ideal opportunity for any firm looking to break into the industrial sector or add a successful Western Canadian market to its distribution area.
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Property Features and Assets:
The Company-owned, 5,650 square feet facility (combining office, retail and warehouse space) boasts a prime location. It is available for sale along with the business.
Market Competition and Expansion:
Given the Company’s favorable reputation and proven capabilities, management is confident that stronger growth is achievable with more aggressive sales and marketing efforts in pursuit of new geographic and customer markets.
Additional Details:
- The property is owned.
- 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.