Business for Sale Overview:
The March Group currently represents a successful full-service event rental company and general service contractor for the convention/expo industry - One of the best businesses in its metro area, as named by the local Business Journal in 2006. A well-established member of the local rental industry since 1980, the Company understands that growth and success are determined by its ability to deliver uncompromising service, support, and top quality rental products for each and every engagement. The Company dominates the local Colorado market with a near 70% share and boasts a significant presence in the neighboring metro area. Expertly undertakes projects of all types, including conventions, expositions, trade shows, corporate events, weddings and parties, and military events. Nearly all of the Company’s major contracts in 2008 were renewed for 2009, which is further evidence of the firm’s position as the premier event services provider in its region. Rental inventory includes everything one could need to execute an event, ranging from tents, tables, bar stools, tableware, and champagne fountains to stage lighting, projection screens, registration counters, and much more. At year end 2008, the Company’s extensive catalog of rental equipment was valued at book value $2.42 million. 2008 revenue hit $2.66 million and corresponding EBITDA of $362,185 supports EBITDA margins of nearly 14%. The managing principal would like to stay involved with the business to aid an investor in taking the Company to new and record levels.
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 leases 25,760 square feet of office and warehouse space on 1.73 acres of land.
Market Competition and Expansion:
This Company is well positioned to capitalize on the excellent prospects forecast for its industry in the years ahead. According to Trade show Week, a major industry related magazine and research group, over the next 10 years, 73% of trade show producers forecast moderate or very strong growth for the trade show industry.
Management expects to leverage its highly regarded industry reputation and strong operations infrastructure to enhance and expand its already significant position in its marketplace. Management believes that its successful business model could be replicated in other major metropolitan areas to fuel the Company’s growth.
Other avenues for this Company include the following:
Enhance and continue to build brand awareness through stepped-up marketing efforts, expanded Web presence, and increased involvement with key industry trade groups.
Specifically targeted marketing efforts with increased customer and market focus.
Continue to build and enhance strategic alliances to minimize costs, maximize synergies, and leverage growth.
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:
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.