Business for Sale Overview:
The March Group currently represents a value-added distributor of a full line of oil and gas well-related pumps and supplies. With 15 years behind its name, the Company is the region’s go-to source for oilfield equipment. Primarily a retail operation (82% of revenue) for surface and bottom hole pumps, and related supplies and services. 500-plus account base is characterized by a diverse assortment of mechanical service companies for the oil and gas field drilling market. Sales for the fiscal year ended April 30, 2008 exhibit a Compound Annual Growth Rate of more than 20% over sales for the period ended April 30, 2006. EBITDA for the fiscal years 2006 through 2008 averaged more than $642,000 annually. The local market alone boasts more than $100,000 leases; backed by the industry’s mounting strength, the Company’s growth trend is favored to continue over at least the next several years. The Company’s facilities each feature a retail store and fully equipped shop, which combine for almost 15,000 square feet on 10 acres; the real estate is available for long-term lease or sale along with the business. Over its history, the Company has grown primarily though word of mouth referrals, and on the strength of its reputation; the addition of a dedicated sales force could immediately increase sales. The opportunity is ideal for any industrial supplies company looking to expand distribution in the Company’s oil and gas field rich market.
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:
The Company’s facilities each feature a retail store and fully equipped shop, which combine for almost 15,000 square feet on 10 acres; the real estate is available for long-term lease or sale along with the business.
Market Competition and Expansion:
The Company’s prospects for future growth are excellent, with opportunities in expanding the geographic area sold to, increased sales and marketing efforts, as well as expanding the products the Company offers.
Additional Details:
- The property is owned.
- 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.