Business for Sale Overview:
The March Group currently represents a well-established & highly profitable contract/temporary & permanent placement staffing company, meeting the diverse IT needs of a range of corporate clients. The leader in the tech-heavy local market, revenue has increased yr over yr since 2001. 2006 revenues of $7.4 MM represent an increase of 68% over 2005 results, with EBITDA margins topping 13%. Expertise in attracting highly talented recruits; recognized especially for high-level software engineers. Abundant staffer support, including professional development & contractor benefits, has helped to build a strong proprietary database of candidates. Emphasis on frequent communication with staffer & client helps to ensure satisfactory placements & cultivates strong bonds, for success now & into the future. In accordance with market trends, approx 60% of 2006 revenues were generated through permanent placement fees vs. 40% of sales from contract/temp placements. Billed 46 distinct clients in 2006. Routinely provides payroll services for the client if placement is on a contract/temp basis. Organized as a limited partnership. Further penetration of the home market is easily achievable through an increased sales & marketing effort; in preparation for future development, steps have already been made to enter an economically thriving 2nd market.
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Property Features and Assets:
The Company leases 2,200 sq. ft. in an urban, corporate office building. This space is sufficient to support the enhanced staff necessary to aggressively pursue growth.
Market Competition and Expansion:
Organized as a limited partnership. Further penetration of the home market is easily achievable through an increased sales & marketing effort; in preparation for future development, steps have already been made to enter an economically thriving 2nd market.
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.