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Manufacturer of Wireless Network Testing Equipment
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $5,600,000 | Real Estate: | n/a |
| Cash Flow: | $1,700,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The March Group currently represents a manufacturer of an advanced line of test and measurement equipment used to maintain, optimize and benchmark wireless voice and data systems and networks. The unique design platform of the Company’s products offers a distinct competitive advantage; as dedicated units with open architecture, the Company’s mobile devices are easier to use and more reliable than those of the competition. Proprietary products support the full spectrum of available technologies, with devices compatible with the latest delivery platforms in development. The Company’s client portfolio consists of the largest and most widely respected global wireless providers. Transferrable licensing agreements offer access to the proprietary technology of leading cellular phone manufacturers and enable the Company to keep pace with technological advances. Testing equipment upgrades enable customers to keep abreast of wireless infrastructure technology while maintaining loyalty to the brand. 2008 sales of more than $5.6 million and EBITDA of nearly $1.8 million continue the Company’s history of profitability, now extending for 14 consecutive years. Business development is pursued via two channels: through direct sales and an extensive network of exclusive independent sales reps that maintain firm relationships with mobile carriers and often have worked with the Company for a number of years. An ever-growing base of international distributors currently extends the Company’s reach to more than 21 countries; as the Company continues to aggressively pursue foreign clients, international sales are expected to increase from 10% of sales in 2007 to 17.5% in 2008 and 37.8% by 2012.
About the Business
Year Established:1983
Employees:15 full time - 2 part time
Facilities:The Company’s facilities, leased from a related corporation, consist of 5,600 sq. ft. of office area and 2,800 sq. ft. of production and storage space.
Market Outlook and Competition:The Company is widely recognized for its singular design platform, which offers clients a distinct advantage over similar products. Backed by a well-developed distribution platform and highly scalable infrastructure, the Company is poised for phenomenal future growth.
About the Sale
Management Training and Support:Principal is willing to stay on for an agreed upon time to facilitate a smooth transition
Reason For Selling:The principal is open to a number of investment and/or acquisition arrangements
KEYWORDS: Wireless, cell, test, measurement, optimization, drive, mobile, equipment, manufacture, distributor, voice, data, system, network, platform, carrier, provider, field, cellular
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