Business for Sale Overview:
The March Group currently represents a very profitable assembler and seller of high quality, European-designed image adjustment equipment and plate register systems for newspapers and commercial web printers. The Company also designs, sells and services a wide range of press plate lock-up systems for offset and flexographic presses. Boasts a long-term and exclusive contractual relationship to sell, distribute and service products for a well known German company. Areas of current focus include designing, selling and servicing CTP (computer to plate) punch benders and plate making equipment. Services include retrofits to existing plate making equipment as part of the changeover to new locks and web sizes for seamless conversions. Distinguished from competition by offering advanced CTP finishing equipment to the industry with excellent customer service and on time delivery. Clientele consists of both distributors (60%) and direct customers (40%). Sales are divided by printing press plate lock ups (60% of revenue), punch benders (25%) and legacy equipment repair (15%). Impressive posted 2008 EBITDA of $1.466 million on revenue of $4.68 million, representing a profit margin of more than 31%. With sales historically focused within the United States, the Company could easily expand to sell to all of North America. Exciting growth opportunities exist with European partnerships, offering expansion as a distributor. The Company also has the human capital to readily expand into other niche machinery markets. Company representatives actively attend various trade shows to increase exposure.
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Property Features and Assets:
20,000 square foot facility with 1,800 square feet dedicated to office space; available for sale along with the business.
Market Competition and Expansion:
Several opportunities exist for growth, such as investment into new technologies and products, increased marketing efforts, and the expansion of the sales force, which would have an immediate and positive impact on the Company’s ability to reach customers currently outside of its market.
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.