Business Overview:
The March Group currently represents a well-respected and growing provider of fuel and lubricant testing services (80 percent of revenues). The company also resells transmix fuel, chemicals, and a diverse array of equipment (20 percent of revenues). The combined operation provides service to multiple market segments. The testing lab principally serves the oil refinery market while the transmix fuel and chemical sales operation serves trucking companies and terminals as well as miscellaneous market segments. The company’s strong client relationships and long-standing reputation present exciting opportunities to increase market share. The most immediate areas for new management or investors to pursue growth are as follows: intensified business development efforts, the pursuit of untapped markets, and investment in capital assets.
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Property Features and Assets:
Two locations – 6,000 square feet and 3,000 square feet.
Market Competition and Expansion:
The company has no sales and marketing operation. Substantial growth will result from the addition of a sales capability.
Reason for Selling:
Growth capital
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.