Business for Sale Overview:
The March Group currently represents a distributor of electrical parts and supplies, specializing in the rapid supply of difficult to source and retrofit components. Maintains a comprehensive inventory of more than $135,000 SKUs from the industry’s top manufacturers. Product lines include wires, ties, cable, sleeves, shrink tubing, connectors, hardware, computer and audio components, PCB items, semiconductors, resistors and capacitors, and one of the largest selections of diversified relays in the US. Fulfills orders for more than 1,000 distinct accounts per year from a client base that includes OEMs (40% of sales), U.S. military (25%), contract manufacturers (10%), schools (5%), and power plants (5%). With 2008 sales of $4.34 million, the Company maintains the growth trend that began in 2004. Driven by continued market penetration and additional sales from new product lines, the Company is expected to sustain steady growth over the coming years, starting with 2009 sales of more than $4.5 million. Modest online sales efforts represent a promising opportunity for development, which would also serve to expand the Company’s geographic market beyond its current Northeastern focus.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Company-owned 20,000 square feet facility serves as the primary warehouse, and also houses a storefront and administrative offices; the real estate would be available for long-term lease or sale along with the business.
Market Competition and Expansion:
The Company’s prospects for future growth are excellent, with opportunities in the areas of geographic expansion, product line expansion, increased Internet presence, and increased marketing. By following through on any of these opportunities, management is confident that revenue growth could reasonably exceed current projections.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.