Business for Sale Overview:
The March Group currently represents an oil and gas industry services firm with a proprietary, branded suite of exploration and production (E&P) software that it licenses and runs for leading firms. The Company’s software suite supports the technical and economic decision-making pertaining to oil and gas projects. Features a user-friendly, intuitive interface and several modules to model the entire E&P process, from exploration, development and operations through economic model building and portfolio optimization. Software allows for faster, higher quality evaluations and the consideration of more scenarios than is possible using other tools. Clients are oil and gas E&P industry leaders who have used the tool suite for over a decade to create higher value with team collaboration, enhanced workflow and knowledge transfer. The development of the firm’s anchor product was spearheaded by a long-time oil industry veteran with extensive experience in venture operations. Recent shift to a subscription licensing model is expected to stimulate revenue growth beginning in 2008.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company leases a 3,100 sq. ft. facility to serve as headquarters; a second facility is leased to house the firm’s software development team.
Market Competition and Expansion:
Given appropriate investment by better-capitalized ownership, there are clear opportunities to increase the Company’s revenue well beyond current projections. Specific opportunities for growth include development of new software products, increased marketing efforts, and expansion of the existing sales force.
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.