Business for Sale Overview:
The March Group currently represents a specialist firm in advanced laser-based products and systems with an excellent location in a western state. This Company generates revenue from research and development contracts as well as through the sale of commercial products using the firm’s patented technologies. Thirteen Ph.D.’s among a total staff of twenty-three are employed, and the Company has twelve laboratories with more than $1 million in state-of-the-art equipment. The firm’s scientists deliver diagnostic solutions to a broad range of industries and government agencies including automotive, aircraft, computer, engineering, and the military. This Company’s highly successful business strategy was developed by combining and leveraging industrial and university resources to establish a team that has since become internationally recognized for innovation and state-of-the-art advancements in the science of measurement. Management is committed to complete customer satisfaction and is dedicated to delivering the finest possible leading edge technology through its offerings. A well-planned and organized Web site is maintained, providing a wealth of information on the Company’s history, its product line, and the depth of its expertise.
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Property Features and Assets:
Single location with 12,000 square feet of leased space, of which 9,000 square feet is dedicated to office space and 3,000 square feet is dedicated to laboratory space.
Market Competition and Expansion:
The Company’s prospects for future growth are considered excellent, with many positive opportunities for expanding the Company’s traditional R&D contracts, obtaining larger contracts within this space, and developing new and existing product sales. By exploiting these opportunities, management is confident that revenue growth will exceed the forecasts currently projected. Engines for potential growth are as follows:
Larger Contract Opportunities - Over the last few years, the Company has begun to pursue larger government contracts and subcontracts. These marketing efforts are now beginning to yield results.
Commercial Activities – The Company has developed new technologies over many years of R&D work for the U.S. government. These technologies have significant commercial applications.
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.