Business for Sale Overview:
The March Group currently represents a national provider of professional COBRA administration services and flexible benefits account services to private and public customers. This Company can notify, track, document and update all COBRA events for its customers. It provides and maintains both hard and soft documentation of these activities in preparation for any and all potential government inquiries. It guarantees regulatory compliance for its customers. The Company offers simplification, and it assumes 100% of every client’s potential COBRA-related reporting liability. The Company is realizing very significant growth from the COBRA provisions of the American Recovery and Reinvestment Act of 2009. FY 2009 revenue could potentially reach $4 million. A new line of services has recently been offered that provides custom solutions to employers for flexible benefits programs involving heath care, dependent care, reimbursement systems, and various other flexible spending arrangements (FSA’s). This Company now offers full-service specially tailored cost-effective plans for employee reimbursement plans and eligible health and dependent care expenses. The Company has made considerable investments in scalable, proprietary software that will ensure operational efficiency with future growth.
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:
Single location with approximately 7,000 square feet of office space leased from an unrelated third party for $8,000 per month. The current lease expires September 30, 2011.
Market Competition and Expansion:
Management expects to continue to capitalize on its excellent industry reputation and the extremely positive regulatory factors currently favoring its space. The Company projects revenue growth of approximately 10% to 30% per year over the next five years. The Company is realizing very significant growth from the COBRA provisions of the American Recovery and Reinvestment Act of 2009. FY 2009 revenue could potentially reach $4 million. Management intends the following expansion efforts to capitalize fully on the expected future growth in its marketplace:
Expand and update marketing capabilities to leverage its growing brand name – add new sales staff to expand its operating base and develop new broker connections;
Enhance and update the Company’s Web site for increased lead potential;
Devote additional Company resources to the expansion of its relatively new Flexible Benefits Account Services.
This Company has succeeded by offering experience, leading edge technology, user-friendly programs, and unmatched service and support to its customers. Management now believes that revenue generated from its Flexible Benefits Account Services could easily represent 20 percent growth per year over the next several years. The Company has significant current capacity to add new clients, and its software has no upper limit.
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:
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