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Asking Price:	Not Available
Business for Sale Industry:	Manufacturing: Machinery
Year Established:	1984
# of Employees:	10
Yearly Revenues:	$2,400,000
Yearly EBITDA:	$400,000

Business for Sale Overview:

The March Group, LLC currently represents a niche manufacturer of a line of farming implements, which boasts close to a 40 percent market share. 2007 sales and EBITDA of almost $2.4 million and $400 thousand, respectively, which represents an EBITDA margin of 16.67 percent. EBITDA has steadily increased over the past several years, stemming from changes in operating expenses, capital purchases and increased sales, a trend that is expected to continue into the future. Requiring approximately 80 man hours per unit to manufacture, products are widely recognized as the longest-lasting and highest quality in the market, with an average lifespan of more than 10 years. Sales are generated through three channels: dealers who sell to end users (75 percent), direct to end users (15 percent), and distributors who sell to dealers (10 percent). Sales efforts have historically been led by one in-house salesperson, with a core of three local dealers accounting for 50 percent of sales - leaving significant room for market expansion. Recently hired manufacturer’s representative is expected to generate increased sales across the southern Midwest. Average production is up to 160 from an historical average of 130, with a continued rise projected over the pro-forma period. Available for sale along with the business, the Company’s facility is situated on six acres and consists of 6,000 sq. ft. of production space, a 3,000 sq. ft. paint room, and 1,800 sq. ft. of office space. Organized as a sub-chapter “S” corporation.

Property Features and Assets:

The Company operates from three adjoining buildings on six acres of land. The facilities comprise a production facility of 6,000 sq. ft., a paint shop is 3,000 sq. ft. and a 1,800 sq. ft. office. Both land and properties are available for sale along with the business.

Market Competition and Expansion:

The Company’s prospects for future growth are excellent, with opportunities to expand the geographic markets served, increase sales and marketing efforts, as well as expand the product lines offered.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for 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.