Business for Sale Overview:
The March Group currently represents a very well-established and profitable Great Plains chain of building materials and home improvement stores, operating successfully for more than a century under the same family ownership. Boasts an advantageous relationship with a national supply organization. Achieved 2008 sales of $10.67 million and EBITDA of $384,677. The Company also owns and operates a ready-mix concrete plant, which returned 2008 sales of $1.23 million and EBITDA of $24,249. On the whole, all growth is organic, as the Company engages in a negligible amount of outside sales and marketing activities. Retail centers are strategically located in communities into which the big box retailers can not justify entering, and therefore they face very limited competition.
Lumber is the Company’s most popular product line, contributing approximately 26% of combined revenues, followed by mill work (21%), building materials (18%), drywall and roofing (13%), hardware (9%), metal goods (8%) and other (5%). Small contractors and do-it-yourself customers comprise the Company’s consumer base, contributing 60% and 40% of sales, respectively; the customer base for each location is drawn primarily from within a 20-mile radius of the store. Combined, the Company’s wholly-owned facilities total 188,619 square feet of prime retail space; any and all properties are available for sale or long-term lease along with the business. A strong, store-level management team would be willing to remain with the Company indefinitely.
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:
Combined, the Company’s wholly-owned facilities total 188,619 square feet of prime retail space; any and all properties are available for sale or long-term lease along with the business.
Market Competition and Expansion:
The Company’s modest sales and marketing efforts to date provide an outstanding opportunity for new management to effectively accelerate growth over a very short period of time. Business development efforts are currently spearheaded by a limited inside sales staff; development of an outside sales staff could almost immediately accelerate sales growth.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for 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.