Business for Sale Overview:
The March Group currently represents a leading retailer of Euro-comfort footwear from a comprehensive assortment of the industry’s premier brands. The Company has nine retail stores in the Southeast. In addition, a successful E-commerce division generates approximately 16 percent of sales. Sales for the calendar year ended December 31, 2007 totaled $5.8 million, an increase of 5.5% over 2006. YTD June 30 sales are up 6.3% over the same period in 2007 and Gross Profit is up by 9.3%. Two retail stores are located in Company-owned buildings and seven are in leased strip center locations. Company-owned facilities comprise a 16,500 square feet building that houses HQ as well as the Company’s warehouse, E-commerce department, and a retail location, plus 7,100 square feet for expansion; and a 6,000 square feet energy efficient building featuring L.E.E.D-certified “green” technology - which saves the Company 50% on energy costs - housing a retail location, with 2,800 square feet available for expansion. Two new stores, opened in late 2006 and early 2007, further expand the Company’s geographic market. Shoes are shipped directly to the Company’s warehouse and are then distributed by the Company to its retail locations. The Company has the platform of technology infrastructure, personnel, reputation, and 22 years of industry experience in place to foster growth in the Southeast and nationwide.
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Property Features and Assets:
Combined, the Company’s retail facilities comprise over 16,000 square feet.
Market Competition and Expansion:
The Company is a profitable and growing organization with the infrastructure and personnel to facilitate continued growth. Avenues for development include facilities expansion, geographic expansion, and the addition of new product lines.
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.