Business for Sale Overview:
The March Group currently represents a full service distributor and service provider catering to the professional lighting industry. The Company boasts exclusive U.S. distribution rights for a branded lighting product line - a standard for concert tours, lighting the stage for several well known and popular artists – making this an exciting acquisition opportunity. Profitable since inception - in 2008, the Company had a 9% profit margin represented by EBITDA of $674,000 on revenues of nearly $7.8 million - revenues have more than doubled from $3.85 million in 2006. The only significant privately owned U.S. Professional Lighting Distribution Company of its nature doing business in the United States. Distributes professional entertainment lighting, control and atmospheric products to concert tour, corporate production, architectural and night club industries. Holds exclusive master distributor relationships with well-known manufacturers, as well as non-exclusive distribution relationships. Provides competitive pricing to the U.S. market, with a reputation of offering high quality, technically advanced products – supported by an experienced staff of industry veterans. Product lines are sold through a network of approximately 100 distributor/dealers, production companies, contractors, retailers and lighting designers. With an account base of over 100 clients and lighting designers, the Company enjoys an 80-90% rate of repeat business. The Company’s five largest customers represent the largest players in this niche industry. While the majority of revenue is currently generated from customers in the U.S., sales to Canadian customers are expected to rise.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Leased headquarters comprised of 10,000 square feet of modern warehouse and office space.
Market Competition and Expansion:
The Company has experienced rapid growth and success since inception. There are compelling opportunities to more effectively leverage the Company’s superior reputation and proven business model. Some of these include expansion of the Company’s product line, inventory and market. Given an injection of capital and human resources, management believes that revenues could easily surpass current projections. Aggressive pursuit of new business and a significant marketing campaign could lead to substantial revenue 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.
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.