Business for Sale Overview:
The March Group currently represents a well-known promotional products supplier specializing in custom imprinted sandals, handmade beach bags, beach mats, and other items. The Company distributes its high quality products to large recognized firms and organizations. Projected to generate revenue exceeding $2.2M with $203,000 in EBITDA for the current fiscal year. More than 700 distinct clients in FY 2009, the Company generates close to 90% of revenue from sales to promotional products distributors with the remainder consisting of direct sales. Considered the originator of the “talking sole,” the Company’s footwear is of the highest quality, with the customer’s logo imprinted on each sandal so as to leave an imprint in the sand. Supplies several types of promotional footwear including traditional flip-flops, slides, clog flip-flops, and hotel slippers, as well as a variety of other beach accessories. Owns a second brand which markets directly to schools and institutions for fund raising purposes. Maintains two informational and comprehensive Web sites with product details. Creation of a truly original product in the area of custom footwear can be designed and delivered in as few as 2-3 weeks. Longstanding relationships of more than 20 years with international suppliers allow the Company to obtain the best prices and highest quality product. They are also part of the “green” movement, using recycled Eco-friendly materials.
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Property Features and Assets:
Currently occupies a 6,000 square foot facility in California that serves as the Company’s headquarters. The building and property are leased.
Market Competition and Expansion:
The Company’s prospects for future growth are excellent, with opportunities in product portfolio expansion, in-house production, and increased sales and marketing efforts as well as growth in both the Promotional Marketing industry (especially the sandal subset) and the fund raising industry.
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.