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Promotional Products Supplier - Footwear
| Asking Price: | $2,200,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | $99,833 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The March Group currently represents a well-known promotional products supplier specializing in custom imprinted sandals, handmade beach bags, beach mats, and other items. The Company distributes its high quality products to large recognized firms and organizations. Projected to generate revenue exceeding $2.2M with $203K in EBITDA for the current fiscal year. More than 700 distinct clients in FY 2009, the Company generates close to 90% of revenue from sales to promotional products distributors with the remainder consisting of direct sales. Considered the originator of the “talking sole,” the Company’s footwear is of the highest quality, with the customer’s logo imprinted on each sandal so as to leave an imprint in the sand. Supplies several types of promotional footwear including traditional flip-flops, slides, clog flip-flops, and hotel slippers, as well as a variety of other beach accessories. Owns a second brand which markets directly to schools and institutions for fundraising purposes. Maintains two informational and comprehensive Web sites with product details. Creation of a truly original product in the area of custom footwear can be designed and delivered in as few as 2-3 weeks. Longstanding relationships of more than 20 years with international suppliers allow the Company to obtain the best prices and highest quality product. They are also part of the “green” movement, using recycled eco-friendly materials.
About the Business
Year Established:1986
Employees:7 full time - 2 part time
Facilities:Currently occupies a 6,000 sq. ft. facility in California that serves as the Company’s headquarters. The building and property are leased.
Market Outlook and Competition:The Company’s prospects for future growth are excellent, with opportunities in product portfolio expansion, in-house production, and increased sales and marketing efforts as well as growth in both the Promotional Marketing industry (especially the sandal subset) and the fund raising industry.
About the Sale
Management Training and Support:Following a sale, the active owner would be willing to stay with the Company in his current capacity, for a specified period of time, to ensure an orderly transition of ownership
KEYWORDS: Sandals, distributor, distribute, promotional, bags, beach, mats, imprint, sole, flip flops, slides, clog, slippers, fundraising, footwear, green, recycle, eco
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Industry: General Merchandise
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