Business for Sale Overview:
The March Group, LLC currently represents a very profitable manufacturer of custom built wooden roof & metal web floor trusses, serving the residential & commercial construction industries in the country’s fastest growing state. Lack of minimum order quantity allows diversified customer base through focus on small-to-mid-sized construction firms, an often overlooked segment of the market. 2006 revenues of $3.926 mm impressive despite owners’ decision in 2005 to pursue business exclusively through existing relationships. 2006 EBITDA of $1.154 mm, for profit margins of more than 29% - up from 25% in 2005 and 18.6% in 2004. Despite nationwide housing downturn, commercial construction is expected to remain strong regionally, with residential growth resuming by mid-year 2007. Excess production capacity to support significant future growth, up to three times the current scale.
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Property Features and Assets:
The Company owns & operates from a 4.75 acre lot that is home to a production building, a 14,000 sq. ft. building used primarily for lumber storage, three saw sheds & a 1,700 sq. ft. office building. All buildings were renovated & upgraded in 2004 after sustaining hurricane damage.
Market Competition and Expansion:
Located in the fastest growing state in the country; the US Census Bureau predicts population growth to continue at similar levels through at least 2010. Realistic growth opportunities available through geographic expansion (Company currently operates within an approximate 50 mile radius), & active pursuit of new business - especially through defined marketing activities. Operations can support growth up to 3x current business without significant investment.
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.