Business for Sale Overview:
The March Group currently represents a manufacturer and distributor of a high quality line of bulk liquid dispensing equipment for the United States brewing and soft drink industries. The majority of products are designed in-house and machined by outside vendors, with final assembly completed by the company. Revenue is derived from the sale of manufactured items (90 percent of revenue) and resale items (10 percent), which include some refrigeration cooling units and a small assortment of custom drought towers.
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Property Features and Assets:
The company headquarters is comprised of 12,500 square feet of office and manufacturing space. The facility is situated on four acres, providing the room to expand up to 40,000 square feet. The land and buildings were acquired by the company from a related party in 2008. An advisory lease expense of $12,000 per month is included in operating expenses. The fair market value of the building is estimated to be $1 million and would be considered for sale.
Market Competition and Expansion:
Opportunities to grow more aggressively include the following: focused pursuit of the approximately 1,400 beer wholesale distributors in the United States, establishment of a stocking warehouse or distributor in the western United States to ensure quick delivery, production of its own beer refrigerator for sale to big box retailers, expansion into soft drink dispensing, and the manufacturing of keg valves. The domestic demand for United States alcoholic beverage manufacturing, which is a major indicator for beer, wine and spirits distributors and equipment manufacturers, is forecast to grow at an annual compounded rate of 3.8 percent through 2013.
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.