Business for Sale Overview:
The March Group currently represents a leading wholesale supplier of branded instrumentation supplies. Over more than 15 years of service to the demanding Canadian market, the Company’s name has become synonymous with instrumentation and valves of the highest caliber. In 2007, the Company achieved sales of (CAN) $4.32 million and EBITDA of $407,000, both of which are favored to steadily grow through 2010. Sources Company-branded, made-to-spec products from ISO-certified manufacturers in China and India. Extensive catalog includes pressure gauges, temperature indicators, needle and ball valves, regulators and electronics. All products are issued a CRN (Canadian Registration Number) on behalf of the Company, which guarantees their quality and workmanship. Shares excellent and long-lasting relationships with its manufacturing partners; into the future, these partners are all fully expected to honor the exclusivity agreement they have historically held with the Company. Offers a number of after market services including fluid filling, instrument tagging, mounting diaphragm/chemical seals, custom dial faces, and general repairs. An on-site calibration facility can issue certificates of calibration and dead-weight certification traceable to the NIST. The bulk of clients are active in the oil and gas industry, with sales divided between OEM’s (60%), resellers (20%), and end-users (20%). Approximately 30% of sales are attributable to clients active in the fields of agriculture, building maintenance, irrigation, water works, and a variety of other industrial applications. Given the Company’s Canadian success, an entrance into the American oil and gas market is a very feasible move.
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Property Features and Assets:
Leased and owned facilities combine for approximately 1,800 square feet in office space and 11,500 square feet in warehouse space. The Company would be willing to lease or sell the owned facility.
Market Competition and Expansion:
The Company’s prospects for future growth are excellent, with opportunities in expanding the current technology portfolio, increased sales and marketing efforts, as well as expanding the market the Company services.
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.