Business for Sale Overview:
The March Group currently represents a well-established, value-added lighting distributor possessing deep connections within its NY market. Supplies a complete range of interior and exterior commercial and residential lighting, featuring everything from roadway lighting to crystal chandeliers. Holds a transferable designation as signatory to one of the strongest electrical unions in the NY tri-state area. A significant portion of the Company’s contracts requires it to manage the entire lighting project, from start to finish. Other value-added services giving the Company a competitive edge include design and value engineering. Exhibits strong historical sales growth, with an increase from $2.08 million in 2005 to $4.95 million in 2008 representing a CAGR of 33%. Owing to continued strong market demand, sales increased 48.16% in 2008 to reach $4.95 million. Backlog of approximately $2.85 million as of December 31, 2008 further supports growth levels projected over the next several years. The bulk of sales derive from commercial projects, either from general contractors - which represent a growing portion of the Company’s business - or from projects for real estate developers and electrical contractors. Maintains excellent relationships with its flourishing client base and 500-plus network of manufacturers. With its exceptional connections and a GSA designation, the Company is currently pursuing further sales growth as a government vendor.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Market Competition and Expansion:
The Company’s strong customer relationships and enviable reputation in the marketplace present exciting platforms to increase market share. Modest business development efforts, pursuit of untapped markets, and geographic expansion clearly present exciting areas to pursue immediate growth through more aggressive management and the injection of capital and human resources. Management is confident that the Company is well positioned to leverage its well-earned reputation and proven capabilities to continue the recent historical trend and pursue growth beyond current projections.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.