Business for Sale Overview:
The March Group currently represents a well-regarded and rapidly growing contract engineering firm. The Company provides product development design and testing services for embedded, real-time, mission-critical control systems for diverse applications, including medical/biotech, avionics, industrial control, automotive medical, and military. Core capabilities include software development (45% of sales), validation testing (35%), electronics design (10%), risk analysis (5%), and project management (5%) services. The Company provides its services principally to regulated industries in three major market segments throughout the U.S. Medical and biotechnology clientele accounts for the majority (60%) of the Company’s sales, followed by industrial (30%) as well as defense and aerospace (10%) customers. A blue-chip customer base includes the likes of Medtronic and Baxter Healthcare. The Company’s strong customer relationships, proven capabilities, and outstanding reputation in the marketplace present exciting platforms to increase market share through the injection of capital and human resources.
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Property Features and Assets:
The Company operates from a 6,800 square feet office facility in Texas. The facility is leased from an unrelated party and the lease, which expires in 2010, is transferable to new ownership.
Market Competition and Expansion:
The Company’s excellent reputation, proven capabilities, and loyal customer relationships are key competitive advantages and provide outstanding platforms to increase market share. The addition of capital and human resources, increased business development efforts, and geographic expansion clearly present likely areas for immediate growth.
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.