Business Overview:
The March Group currently represents a manufacturer and distributor of medical instrumentation and supplies, specializing in products for pulmonary, sports medicine, fitness, and physiology applications. The Company’s extensive product offering consists of approximately 2,000 SKUs. Nearly half of sales is derived from manufactured products with the balance of business derived from product distribution. Products are sold to various segments of the medical community, including hospitals, doctors, sports medicine facilities, and universities. The Company sells directly to end users and through distributor accounts across the U.S. (80 percent of sales) and internationally (20 percent). In 2008, the Company’s customer base exceeded 1,100 accounts, with its top five collectively contributing 21.8 percent of sales. The Company has demonstrated steady growth over the historical period with sales increasing at a CAGR of 8.7 percent from $1.87 million in FY 2007 to $2.21 million in FY 2009. Moreover, there exists significant growth potential via increased business development efforts, pursuit of the international market, and introduction of new products.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Operates out of a 6,000 square foot facility, which is leased from an unrelated party and the lease is transferable to new ownership.
Market Competition and Expansion:
Notwithstanding a recent history of rising sales, management is confident that the Company is well positioned to achieve growth beyond the current projections – given appropriate investments by better-capitalized ownership
Reason for Selling:
Growth Capital
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.