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Business for Sale Overview:

The March Group, LLC currently represents a family-owned and operated manufacturer of high-quality custom designed, hand assembled wood furniture serving primarily the hospitality industry for three decades. Backlog of 155 orders exceeding $4.5 million. Poised to achieve $7MM in revenue and $958,000 in EBITDA in FY 2009 which represents a 7% and 15% increase respectively. Customer base composed primarily of the hospitality trade – casino hotels/resorts industry, major high-end hotels and golf resorts; with a strong foothold on residential buildings; and furniture retailers (private label). One-year warranty against defects in materials or construction on all furniture which include: custom, standard, private label wood furniture and a small percent of upholstered furniture. Highly experienced staff of office and manufacturing personnel and engineers. All design work is done in-house or provided by the client. Honesty and loyalty to customers and to employees are keys to their success along with a reputation for creative thinking and solutions to a wide array of design challenges. Handles all aspects of a project including: drawing and design, custom and atypical finish processes, use of atypical materials, prototypes, finish samples, custom components, specialty hardware, and designs for special uses. Woods used in most applications are: white maple, pine, alder, cherry, mahogany, and walnut. Most business is secured through bidding with one fifth being obtained through negotiation. Strong/solid relationships with purchasing agents.

Property Features and Assets:

65,200 square-feet facility on 15 acres.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for 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.